Economic TimesLean R·
European shares gain as upbeat Micron forecast revives AI rally
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.
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