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AI & Enterprise

Europe tech stocks surge on AI boom; semiconductor and optical network shares more than double

European tech shares tied to artificial intelligence infrastructure are surging this year, with some stocks posting triple-digit gains. Aixtron has risen 189 percent, while Technoprobe, STMicroelectronics and Nokia have also climbed sharply. The rally reflects expanding AI investment into data centres, networks and semiconductor equipment. Analysts say Europe’s lack of pure-play AI names is concentrating flows into a few proxy beneficiaries, even as regulatory and power constraints may limit broader momentum.

Telecommunications & Media

U.S. 6G spectrum tilts toward 7 GHz band as top contender

The 7 gigahertz band has emerged as the leading candidate in the United States\' selection process for 6G spectrum. The National Telecommunications and Information Administration is reviewing several bands and has opened a website showing progress by candidate. Government review is also sharpening around the 7 GHz range following a Trump memo. Industry groups and vendors have backed the band, though budget and administrative procedures remain hurdles.

AI & Enterprise

Nokia beats market expectations as fibre optic business for AI data centres lifts results

Nokia reported first-quarter results that beat market expectations, led by its fibre optic business connecting AI data centres rather than handsets. Comparable operating profit rose 54 percent to 281 million euros, and shares rose about 7 percent in Helsinki, the highest since 2010. Optical networks grew 20 percent and the company secured about 1 billion euros of new orders from hyperscalers. Nokia raised its 2026 network infrastructure growth outlook.