AEX closes at 1,145.14 points after chip-led rally
Published on 11/11/2026 at 23:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAEX closes near its record high
- The AEX finished Wednesday, November 11, at 1,145.14 points, gaining 1.12 percent.
- Semiconductor shares led the advance after strong CoreWeave results renewed interest in artificial intelligence infrastructure.
- ASM International was the strongest major AEX riser, while Prosus, Heineken and ABN AMRO declined.
The AEX ended Wednesday's session at 1,145.14 points, rising 1.12 percent from Tuesday's close of 1,132.44. The benchmark finished about two points below its record of 1,147.35, set on October 16. The closing level and session context were reported by IEX, while Investing.com also reported the 1.12 percent gain at the Amsterdam close.
Chip stocks drive the rebound
Technology shares provided the main support. IEX attributed the semiconductor recovery to the well-received results published by CoreWeave on Tuesday evening. The US provider of AI cloud capacity and data centers said it expected to become profitable in 2028, helping to revive confidence in companies linked to AI infrastructure after several days of pressure on AI-related stocks.
ASM International was the strongest AEX performer, gaining 6.97 percent to 727.60. BE Semiconductor Industries advanced 5.94 percent to 159.75, while ASML rose 3.14 percent to 1,403.80, according to Investing.com. IEX also reported that ASM International began a share repurchase programme on Wednesday. The combination of company-specific news and a broader technology rebound supported the index, although it does not establish that any single development alone determined the AEX close.
Broad advance despite notable decliners
Market breadth was positive: 57 Amsterdam-listed stocks rose, 40 fell and six ended unchanged, Investing.com reported. Prosus was the weakest AEX component, falling 1.39 percent to 36.97. Heineken declined 1.07 percent to 83.36 and ABN AMRO lost 0.93 percent to 42.74. The session therefore combined strong gains in semiconductor names with weakness in selected consumer and financial shares.
Oil also recovered during the session. IEX reported that Brent crude gained 2.6 percent to 93.86 US dollars a barrel after falling earlier in the day. The same report said renewed Middle East attacks reduced expectations of a diplomatic solution to the US-Iran conflict. At the macroeconomic level, higher-than-expected US inflation from Tuesday continued to support expectations of further Federal Reserve tightening, while US government bond markets were closed for Veterans Day.
Next focus turns to chip-equipment earnings
Investors' next closely watched technology signals include the results from Applied Materials and Cisco after the US market close on Thursday, November 12, as reported by IEX. For AEX investors, the releases may offer further information on semiconductor equipment demand and AI-related capital spending. The AEX's near-record close leaves the index sensitive to whether the renewed technology momentum broadens beyond the leading chip stocks.
Further AEX coverage is available on the AEX topic page.
