Dax currently: Nvidia boosts Europe's chip values - Telekom shares react to Handelsblatt research
The Nvidia balance sheet is affecting the chip industry. In contrast, the effect on the overall German market is low. Buyers and sellers continue to hold back noticeably.
European semiconductor manufacturers, including Infineon, saw significant gains on Thursday following strong Nvidia earnings, with Infineon leading the Dax with a 5% increase. The Dax index rose slightly to 26,330 points, having recovered from a brief dip below 26,000 points earlier in August. The index is now close to its record high of 26,573.50 points, set on August 12. Despite a recent surge, there have been no large-scale profit-taking measures so far.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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