Nexperia Stock Rises as China Eases Semiconductor Export Restrictions
Nexperia's shares climbed 3.02% on Monday, with intraday peaks reaching 6%, after China lifted export curbs on semiconductor shipments. The MOVE follows Beijing's decision to grant exemptions for compliant chip exports, particularly those for civilian use, signaling a thaw in trade tensions that had disrupted supply chains.
European automakers stand to benefit as Nexperia resumes deliveries of critical components. Parent company Wingtech Technology mirrored the gains, closing up 3.02% in Shanghai trading after rallying 9.7% last Friday. The policy shift marks a de-escalation of the months-long standoff between China and the Netherlands over semiconductor trade flows.
China's Ministry of Commerce framed the exemptions as 'practical measures' to facilitate civilian trade. The decision removes export bans on key materials and fees, injecting stability into global tech supply chains. Market sentiment improved as the resolution alleviated concerns about prolonged disruptions to automotive manufacturing.