European markets opened on a positive note, driven by a surge in technology stocks. Strong forecasts from US chipmakers Micron and Qualcomm eased worries about inflated valuations, reigniting the AI rally. European tech shares saw significant gains, with chipmakers and equipment suppliers leading the charge. Falling oil prices and a boost for easyJet also contributed to the upbeat sentiment.
European markets opened positively, driven by a strong rally in technology stocks. Upbeat forecasts from US chipmakers Micron and Qualcomm alleviated concerns about inflated valuations, thereby reigniting the AI rally. This led to significant gains across European tech shares,…
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