European technology shares recorded strong gains as multi-billion euro cloud and data infrastructure projects are unveiled.
SoftBank’s Choose France announcement on May 30 boosted sector sentiment across continental markets.
Analysts tied gains to expectations of increased demand for AI compute and power equipment.
European technology shares gained following SoftBank’s multi-billion euro French AI data center commitment. The account draws on verified materials available as of May 30, 2026.
Officials said investors bid up cloud infrastructure and semiconductor suppliers linked to data center expansion.
Named entities in source reporting include SoftBank, European tech indices.
Available filings identify the parties and venues involved without additional unsourced claims.
Created by Ayen Stabel.
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Sources:
https://group.softbank/en/news/press/global-tech-market-45