Stocks listed in Europe looked opened higher on Tuesday, following a Wall Street rally that propelled all three major U.S. indexes to record highs.
The pan-European Stoxx 600 was 0.3% higher by 8:14 a.m. in London (3:14 a.m. ET), with most sectors in positive territory.
On Monday, chipmaking giant Nvidia announced plans to invest up to $100 billion in OpenAI to build data centers, with the former firm's CEO Jensen Huang labeling the partnership "a giant project."
The news sparked a rally on Wall Street , with Nvidia gaining 3.9% during the session and with major averages closing at new all-time highs.
European chip stocks were broadly higher in early trade on Tuesday, as investors reacted to the Nvidia-OpenAI deal. Be Semiconductor gained 0.8%, while