London, 25 June 2026 – European shares rose on Thursday as strong forecasts from Micron Technology and Qualcomm revived investor confidence in the artificial intelligence trade, lifting semiconductor and technology stocks after recent concerns that the global AI rally had become overstretched.
The pan-European STOXX 600 advanced as investors returned to technology counters, with the sector leading gains across the benchmark. The rebound came after two major US chip companies delivered upbeat outlooks, easing worries that AI-linked earnings may struggle to justify elevated valuations after a sharp run-up in global semiconductor stocks.
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