US Edition

Goldman Sachs has raised its STOXX 600 targets and now projects an 8% total return for European stocks in 2026, pointing to hyperscaler capex estimates near $527 billion as the driver. The bank's own research flags Siemens Energy, Schneider Electric, ABB and ASML as the physical supply chain cashing in on AI data center construction, even though none of them own the AI stack itself.