SOI Soitec SA

Investing.com -- Global chip stocks rose on Tuesday after Reuters reported that AI startup Anthropic’s IPO prospectus showed it expects $518 billion in cloud, computing and infrastructure commitments over the coming year.

Soitec (ENXTPA:SOI) completed a €500 million convertible bond issue maturing in 2033. The offering consists of bonds that can be converted into Soitec shares under predefined conditions over the life of the instrument. Proceeds give the semiconductor materials group extra funding flexibility for general corporate purposes and potential investment projects. The €500 million convertible bond due 2033 matters, but investors should weigh it alongside Soitec's broader risks and fundamentals. We...

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By Sudeshna Ghoshal and Ragini Mathur Sept 14 (Reuters) - European shares fell on Monday as technology stocks came under pressure after leaders of top AI companies pushed for a slower pace of

ASML fell more than 5% and Soitec plunged about 13% as calls to slow advanced AI development suddenly turned the sector’s biggest growth story into a reason to sell.

European chip stocks opened sharply lower, tracking declines in Asia, after the leaders of some of the biggest AI companies said they needed to slow development of the technology. Shares in Dutch supplier of chip-making equipment ASML Holding fall 4.