AEX closes at 1,132.44 points as chip stocks extend rebound
Published on 11/10/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAEX ends higher as chips recover
- The AEX closed Tuesday at 1,132.44 points, up 0.22% from Monday's close.
- Chipmakers led the advance, while Shell weighed on the index after being removed from Santander's buy list.
- Investors also assessed higher-than-expected US inflation, Nvidia-related uncertainty and Anthropic's planned IPO.
The AEX extended its rebound on Tuesday, although the gain was modest. The Dutch benchmark closed at 1,132.44 points, up 0.22% from Monday's close of 1,129.97 points. The closing level and market narrative were reported by ANP via nieuws.nl.
Chip stocks support the benchmark
Semiconductor stocks continued to recover after the sharp technology-led sell-off of the previous week. ASML, ASM International and BE Semiconductor Industries gained as much as 2.6%, according to ANP. The move followed strong gains for chip stocks in New York on Monday and helped the AEX build on its 0.84% advance in the previous session.
Tuesday's broader market leadership was consistent with the closing account from Reuters via Investing.com. ArcelorMittal rose 2.96%, BE Semiconductor Industries gained 2.59% and Ahold Delhaize advanced 2.49%. Basic materials, technology and financials were the strongest AEX sectors, while 53 Amsterdam-listed stocks rose, 38 fell and 10 were unchanged.
Oil and Nvidia risks remain in focus
Shell was among the main drags, falling 2.04% in the Reuters account. ANP reported that Santander had removed the oil and gas company from its buy list and that oil prices continued to decline. Wolters Kluwer fell 1.58%, while DSM-Firmenich lost 1.31%.
Investors also considered uncertainty surrounding Nvidia chief executive Jensen Huang and a reported investigation by the FBI into an alleged Chinese espionage affair. Nvidia shares fell in the United States despite the earlier rebound in the wider chip sector. The episode adds a company-specific risk to an already sensitive technology trade; it does not by itself establish a new direction for the AEX.
Inflation complicates rate outlook
US inflation data for October came in slightly higher than expected, according to ANP, increasing market attention on the possibility of a Federal Reserve rate hike in December. The data, together with details of a potential Anthropic initial public offering, provided additional crosscurrents for European investors. Anthropic said its planned offering could price shares between 70 and 78 US dollars, with a potential valuation of about 1.4 trillion US dollars.
The AEX's 0.22% gain was below the 0.30% threshold for a purely movement-driven follow-up, but the session included new, reported market developments. Investors therefore received a close report rather than another intraday update. Further AEX coverage is available on the AEX topic page.
