European chip stocks edge higher as investors weigh AI trade
European semiconductor shares moved higher after strong results from Advanced Micro Devices, while investors assessed the implications of a Democratic sweep for AI-related stocks. Asian AI-exposed stocks fell sharply before paring most of their losses.
Shares of European semiconductor companies are in green territory after strong results from chip designer Advanced Micro Devices, even as investors weigh the implications of a Democratic sweep for the artificial-intelligence trade. Stocks exposed to AI fell sharply in Asia before paring back most o…