European chip, electrical stocks surge as AI optimism builds on earnings

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April 22 : Shares in European chip and electrical equipment makers rallied on Wednesday as investors piled into stocks set to benefit from the artificial intelligence investment boom, following upbeat earnings reports and an outsized surge in U.S. peers. Computer chip equipment maker ASM International surged 9 per cent to an all-time high after it guided for second‑quarter sales well ahead of market expectations, with analysts highlighting robust AI-driven demand. Swiss engineering company ABB

European chip, electrical stocks surge as AI optimism builds on earnings https://www.channelnewsasia.com/ - 22.04.2026 14:43

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European chip, electrical stocks surge as AI optimism builds on earnings https://www.channelnewsasia.com/ - 22.04.2026 14:43