AI infrastructure rally lifts Europe’s stock market to fresh peaks

European equities hit fresh records as the STOXX Europe 600 and EURO STOXX 50 rose to new highs, with major indices like the DAX, CAC 40 and FTSE MIB also marching higher. The rally is led by AI infrastructure suppliers rather than traditional consumer or financial names, with top performers including Soitec, AT&S, Tullow Oil, ams-OSRAM, Technoprobe, AIXTRON, STMicroelectronics, Saipem, Raiffeisen Bank International and ArcelorMittal. The move is supported by easing inflation fears after oil-price moves, stronger eurozone Q2 growth, and solid earnings, signaling a shift in European leadership toward AI-related tech stocks.