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Chipmakers lay out factory plans in Europe, US and Asia

FACTBOX-Chipmakers lay out factory plans in Europe, US and Asia Adds news items on Intel's Asia and Europe plans, and Onsemi's Europe plan; updates news items on Wolfspeed and Silicon Box's Europe plans Sept 17 (Reuters) - Chipmakers across the globe are pouring billions of dollars into new plants, as they take advantage of generous subsidies from the United States and the EU to keep the West ahead of China in developing cutting -edge semiconductor technology .
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Infineon targets large share of GaN chip market after breakthrough

Infineon targets large share of GaN chip market after breakthrough Sept 11 (Reuters) - German semiconductor maker Infineon IFXGn.DE said on Wednesday that it would take a large slice of the growing market for gallium nitride (GaN) chips, after announcing a technological breakthrough that it said would bring down costs. The market for this technology will reach a volume of several billion dollars by the end of the decade, Infineon CEO Jochen Hanebeck told reporters.
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European companies cut jobs as economy sputters

RPT-FACTBOX-European companies cut jobs as economy sputters Repeats with no changes to text to add 'Factbox' tag in headline Sept 10 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept.
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European companies cut jobs as economy sputters

European companies cut jobs as economy sputters Adds DNB Sept 10 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept. 10 it would cut the equivalent of 500 full-time jobs over the next six months, as it prepares for lower interest rates and tougher competition ahead.
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UBS downgrades ASML on expected slowdown in EPS growth

BUZZ-UBS downgrades ASML on expected slowdown in EPS growth ** UBS downgrades ASML to "neutral" from "buy" and cuts its PT by 14.3% to 900 euros, citing "transition years ahead" for the Dutch computer chip equipment maker ** The broker sees a slowdown in EPS growth with 13% CAGR between 2025 and 2030, vs 24% seen in 2018-2025 ** UBS points to poten
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Telia Sept 4 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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Semiconductor body calls for EU 'Chips Envoy', more support

CORRECTED-UPDATE 1-Semiconductor body calls for EU 'Chips Envoy', more support Corrects paragraphs 4 and 11. ASML is not an ESIA member By Toby Sterling AMSTERDAM, Sept 2 (Reuters) - Europe's main computer chip industry group ESIA called on the European Union on Monday to speed up aid, draw up a revamped "Chips Act 2.0" support package and name an envoy to champion the sector.
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European semiconductor industry group ESIA calls for 'Chips Act 2.0'

European semiconductor industry group ESIA calls for 'Chips Act 2.0' AMSTERDAM, Sept 2 (Reuters) - Europe's main computer chip industry group ESIA called on the European Union on Monday to roll out an "immediate Chips Act 2.0" to support the region's semiconductor industry. In a statement, the group said chip policy under the incoming EU Commission should feature fewer export restrictions, focus on areas where European companies already had advantages, and that aid should be awarded more quickly
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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European semiconductor stocks rise despite disappointing Nvidia forecast

BUZZ-European semiconductor stocks rise despite disappointing Nvidia forecast ** Shares in European semiconductor companies rise, despite artificial intelligence (AI) chip giant Nvidia's NVDA.O quarterly results failing to impress investors ** The pan-European STOXX tech index .SX8P rises 1.7% to one-week high, leading sectoral gains on the wider STOXX 600 .STOXX index, which is up 0.6% ** ING FM analyst Marc Hesselink says that there were very high expectations going into Nvidia's results but t
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Mixed picture: Nvidia down, European tech up

LIVE MARKETS-Mixed picture: Nvidia down, European tech up STOXX 600 up 0.7% Tech stocks rise Spirits makers surge Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MIXED PICTURE: NVIDIA DOWN, EUROPEAN TECH UP Nvidia NVDA.O shares have rebounded from their Thursday after-hours 7% decline and are down 1.8% in premarket trading as traders try to get a grip on th
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Burberry to likely drop out of FTSE 100 next week

CORRECTED-LIVE MARKETS-Burberry to likely drop out of FTSE 100 next week Corrects day to Wednesday, not Thursday, in penultimate paragraph STOXX 600 up 0.7% Tech stocks rise Spirits makers surge Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BURBERRY TO CHECK OUT OF FTSE 100 NEXT WEEK With UK's premier index due for a rejig next week, analysts anticipate l
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STOXX 600 rises to 6-1/2 week high

LIVE MARKETS-STOXX 600 rises to 6-1/2 week high STOXX 600 up 0.3% Tech stocks eke out gains Spirits makers surge Wall St futures mixed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX 600 RISES TO 6-1/2 WEEK HIGH Europe's STOXX 600 .STOXX is up 0.3% on Thursday to its highest level since July 15, while other major bourses are also eking out gains.
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Bank of Georgia, Tracsis, Victrex

EUROPE RESEARCH ROUNDUP- Bank of Georgia, Tracsis, Victrex Aug 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bank of Georgia, Tracsis and Victrex, on Thursday. HIGHLIGHTS * Bank of Georgia BGEO.L : Peel Hunt raises target price to 6,200p from 6,000p * Close Brothers Group Plc CBRO.L : RBC raises to outperform from sector perform * Rathbones Group RAT.L : RBC raises target price to 1,950p from 1,850p * Tracsis Plc TRCS.L : Bere
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European futures steady after Nvidia results

LIVE MARKETS-European futures steady after Nvidia results Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES STEADY AFTER NVIDIA RESULTS European equity futures are holding steady on Thursday following after-market earnings from Nvidia NVDA.O that struggled to exceed lofty expectations set by investors.
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Wall Street's case of pre-Nvidia jitters

LIVE MARKETS-Wall Street's case of pre-Nvidia jitters S&P 500, Nasdaq post modest advances; Dow ekes out nominal gain Tech up most among S&P sectors; Energy biggest laggard Dollar off; gold inches up; crude, bitcoin both down >2% 10-Year U.S. Treasury yield edges up to ~3.83% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Bitcoin trumps ether in ETF flows

LIVE MARKETS-Bitcoin trumps ether in ETF flows S&P 500, Nasdaq modestly higher; Dow ~unchanged Tech up most among S&P sectors; Energy biggest laggard Dollar off; gold inches up; crude, bitcoin both down >2% 10-Year U.S. Treasury yield edges up to ~3.83% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BITCOIN TRUMPS ETHER IN ETF FLOWS Digital asset investment products saw inflows
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Record highs without big tech leadership

LIVE MARKETS-Record highs without big tech leadership S&P 500, Nasdaq steady; Dow off Financials up most among S&P sectors; Energy biggest laggard STOXX 600 up ~0.2% Dollar, gold off; crude, bitcoin both down >2% 10-Year U.S. Treasury yield edges up to ~3.85% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Two-fer Tuesday: Consumer confidence, Case-Shiller

LIVE MARKETS-Two-fer Tuesday: Consumer confidence, Case-Shiller S&P 500, Nasdaq turn slightly green; Dow ~unchanged Financials up most among S&P sectors; Cons disc biggest laggard STOXX 600 up ~0.2% Dollar, gold off; crude down >1.5%; bitcoin down >2% 10-Year U.S. Treasury yield edges up to ~3.85% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Wall Street de-risks ahead of Nvidia earnings

LIVE MARKETS-Wall Street de-risks ahead of Nvidia earnings All three U.S. stock indexes red Cons disc down most among S&P sectors; healthcare leads gainers STOXX 600 up ~0.1% Dollar, gold, crude, bitcoin all lower 10-Year U.S. Treasury yield edges up to ~3.86% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WALL STREET DE-RISKS AHEAD OF NVIDIA EARNINGS U.S.
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