Auto giants rally as China says it will consider exemptions for Nexperia chip exports
Update: 2025-11-03
Description
European car stocks surged on November third following a shift in the semiconductor supply chain crisis. China's announcement of potential chip exports from Nexperia, a company at the center of an international standoff, eased tensions after weeks of uncertainty. The Dutch government's takeover of Nexperia due to security concerns had previously caused a chip shortage, threatening production for European and Japanese carmakers. Despite the recent positive developments, negotiations are ongoing, and the risk of interruption remains.
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