AI frenzy sees these European stocks gain over 100% this year in blockbuster rally
European tech stocks have experienced significant gains this year, driven by the AI boom. Companies like Aixtron, Technoprobe, and STMicroelectronics have seen their stock prices increase by over 100%. The trend reflects a growing interest in companies that support AI infrastructure as investors seek opportunities beyond U.S. and Chinese firms.
- ▪Aixtron's stock has risen 189% year-to-date.
- ▪Technoprobe's stock has rallied 129% this year.
- ▪STMicroelectronics has seen a 133% increase in its stock price in 2026.
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| Original publisher | CNBC — Top |
| Canonical URL | https://www.cnbc.com/2026/05/21/ai-frenzy-european-stocks-rally-nokia-aixtron.html |
| Publication time | Thu, 21 May 2026 05:00:01 GMT |
| Retrieval time | 2026-05-21T05:10:03.513Z |
| Last seen | 2026-05-21T05:10:03.513Z |
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Opening excerpt (first ~120 words) tap to expand
The AI boom is dominated by companies from the U.S. and China, but a handful of European tech stocks have soared this year as investors pile money into the companies building the infrastructure needed to power the tech.Chipmaking equipment company Aixtron has risen 189% year-to-date. Technoprobe, which also makes equipment used in the chipmaking process, has rallied 129% and chipmaker STMicroelectronics 133% in 2026. Nokia, a legacy phonemaker that has shifted its focus to AI, has seen its stock jump 108% this year.In recent years, U.S.
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