European semis on track for best day in over 5 years after tariffs pause

Shares in European semiconductor companies rise after U.S. President Donald Trump paused tariffs for many countries, but hiked China's to 125% from 104%

STOXX Europe Technology index .SX8P is up 9.1%, on track for biggest one-day jump since March 2020, and among the best performers on the wider STOXX 600 .STOXX which is up 6.9%

Among single stocks, STMicroelectronics STMPA.PA, BESI BESI.AS, ams OSRAM AMS.S jump between 12% and 13%

ASML ASML.AS and ASMI ASMI.AS are up 9.6%-13.5%, while Aixtron AIXGn.DE, Siltronic WAFGn.DE and Infineon IFXGn.DE rise 9.4%, 13% and 15.1%, respectively

Nordic Semiconductor NOD.OL and Soitec SOIT.PA are up 12% and 14.5%, respectively