Investor Focus: Top FTSE 100 Dividend Stocks, Andy Burnham Tax Plans, ASML and Infineon Power European Market Rally - Morningstar

This article analyzes several key investment areas, with the semiconductor industry emerging as a central focus. ASML, as a leading global semiconductor equipment manufacturer, is experiencing signifi... Read original →

Europe's power semiconductor surge stems from systemic pressure by electrification and energy transition, not market sentiment alone. While ASML doesn't produce power devices directly, its EUV/DUV tools are increasingly deployed by Infineon for advanced SiC/GaN lines—creating a tight equipment-material-application loop. UK tax hikes could erode FTSE 100 dividend stocks’ appeal, redirecting capital toward continental tech assets. Competitively, Infineon’s dominance is forcing STMicroelectronics and Bosch to fast-track 8-inch SiC fabs, while TSMC (Taiwan, China) expands automotive-grade foundry capacity. Over the next 12–24 months, localized supply chain mandates under the EU Chips Act may inflate capex bubbles, but only vertically integrated players with material science, manufacturing rigor, and automotive qualification will sustain margins through the cycle.