Europe targets Huawei, tech giants boost AI hubs - Nov 11, 2025

As of November 11, today’s news sees developments in the European telecom sector and significant investments in data center infrastructure. European telecom equipment stocks may be in focus as the European Commission explores ways to force European Union member states to phase out Huawei Technologies and ZTE from their networks, according to people familiar with the matter. Wider networking companies and those exposed to data center hardware infrastructure, such as Prysmian, Legrand and OVH, would also potentially benefit from a ban, Bloomberg says. Meanwhile, CoreWeave's shares tumbled 10% today after it scaled back its annual revenue forecast due to data center hiccups despite strong demand for its artificial intelligence services. The Nvidia-backed company's margins are pressured by soaring infrastructure expenses, rising AI chip prices and intensifying competition for computing power, weighing on profitability. Turning to market updates, copper has recently been designated a critical mineral by the U.S. government, highlighting its importance for national security and economic stability. The U.S. currently holds the world’s second-largest copper stockpile, primarily due to favorable market conditions that facilitated significant imports without federal expenditure. This designation is expected to influence future import tariffs, further affecting the copper market. Simultaneously, copper prices have begun to rise slightly, buoyed by optimism regarding Chinese demand as that country implements new policies targeting growth and infrastructure investment. In global scenarios, Google is reportedly planning a substantial investment of around 5 billion euros in Germany to enhance its infrastructure, specifically focusing on data centers in the Frankfurt area. This investment, which aligns with the company's strategy to address future challenges through technological innovation, emphasizes the growing demand for cloud services in Europe. Highlighting further investments in the technology sector, Microsoft plans to allocate10 billion dlloars toward an AI data hub in Portugal. This initiative will involve deploying cutting-edge hardware in collaboration with various partners, reinforcing the continuing trend of significant capital flowing into AI infrastructure in Europe. From the international front, U.S. lawmakers have returned to Congress to address a looming government shutdown, navigating logistical challenges caused by ongoing disruptions in air travel. This situation underscores the political dynamics affecting governance and economic stability in the United States.