Wingtech Technology shares rose sharply following announcements from China and the Netherlands indicating progress in resuming Nexperia chip exports. China's Commerce Ministry stated it will allow the export of certain products from Nexperia's Chinese facility, urging the EU to assist Dutch authorities in lifting restrictions. Meanwhile, the Dutch economic affairs minister confirmed that Nexperia chip deliveries are expected to resume shortly after discussions with Chinese officials. This development follows the Netherlands' control of Nexperia on September 30 due to national security concerns related to its Chinese parent company, Wingtech. The resolution is anticipated to stabilize the semiconductor supply chain, benefiting sectors like automotive manufacturing.