Europe’s top AI plays extend slide, Microsoft data centre worries persist

Some of Europe’s most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that flagged a possible slowdown by Microsoft on data centre leasing knocked sentiment ahead of make-or-break results from Nvidia. Less than a month ago the emergence of China’s cheap artificial intelligence DeepSeek model triggered a global selloff in tech shares and a reassessment of how much Western companies are spending on development and key infrastructure such as data centres.

TD Cowen analysts said in a note late on Friday…