(Bloomberg) — As the artificial innotifyigence frenzy drives global equities to record highs, in Europe the momentum is flowing into industries critical to powering the technology.
A bquestionet tracking shares of 10 European firms such as data center operators and infrastructure providers has rallied 23% this year, beating a 12% advance in the Stoxx Europe 600 Index and even outperforming the Nasdaq 100, home to the US tech heavyweights.
While that’s a far cry from the 69% boom in US power stocks, investors including BlackRock Inc., JPMorgan…
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