Tech boom sweeps the globe, scarce AI concept stocks in Europe soar

```htmlGolden Ten Data reported on May 13 that, according to the Financial Times, a few European artificial intelligence stocks have recorded substantial gains since the beginning of this year. At the same time, investors are actively seeking ways to ride the global artificial intelligence spending boom, despite Europe often being criticized for lacking large, successful technology companies. This year, among the constituents of the pan-European STOXX 600 index, the four best-performing companies are chip manufacturer STMicroelectronics, whose share price has more than doubled; semiconductor equipment manufacturers Aixtron and BE Semiconductor Industries, which have risen by 168% and 87% respectively; and Nokia, which focuses on connecting cloud services and data center hardware, with its share price rising nearly 100%. Emmanuel Cau, head of European equity strategy at Barclays, said, “Anyone investing in Europe is eager to get a share of the AI sector,” noting that the area is experiencing a “gold rush.” “In reality, the European market is relatively small, and there are not many winners in the artificial intelligence sector. Therefore, any company within this ecosystem has delivered outstanding performance.”```