Tech Up as AI Fears Give Way to Earnings Optimism — Tech Roundup

Shares of technology companies rose as artificial-intelligence fears gave way to optimism ahead of hyperscaler earnings.

American depositary receipts of Dutch semiconductor-capital maker ASM International rose after it boosted its sales projection, citing demand from AI customers. Similarly, fiber-optic materials maker Corning said robust AI demand would continue to drive revenue growth.

Chip maker Broadcom and Anthropic finalized a $63 billion debt deal to finance AI infrastructure.

PayPal Holdings Chief Executive Enrique Lores said the payment-technology firm would seek to provide a wider array of financial services offerings through its Venmo brand and otherwise.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

October 27, 2026 17:49 ET (21:49 GMT)

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