European shares extend comeback as chipmakers rally; Ubisoft hits 3-week high

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Reuters UK

By Ankika Biswas and Shashwat Chauhan (Reuters) -European shares extended their rebound on Tuesday as chipmakers led a rally in technology stocks ahead of Nvidia’s earnings, while Ubisoft touched a three-week high on “call of duty” maker Activision’s plans to sell streaming rights to it. The pan-European STOXX 600 closed up 0.7%, after rising as much as 1.2% intraday, advancing for the second day. Technology jumped 2%, touching a one-week high, boosted by a 0.7%-3.3% advance in Amsterdam-listed chipmakers ASML Holding N.V., ASM International N.V and BE Semiconductor Industries N.V. on optimism…

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