European Technology: London TMT conference: Key Tech debates – AI on center stage

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European Technology: London TMT conference: Key Tech debates – AI on center stage

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European Technology

London TMT conference: Key Tech debates

– AI on center stage

Industry Overview

TMT conference - what to expect? 29 May 2026

We are hosting 71 companies at our 2026 London TMT conference over June 9-11. We Equity

review key focus areas across Semis & Hardware, Software, IT Services and Payments. Europe

From a positioning perspective, the broader Technology sector has outperformed the Technology

market by 14pp YTD, up 18.9% vs the broader SXXP up 4.9%, with Tech the #2 Frederic Boulan, CFA >>

overweight, with semis significantly outperforming Software (-20-30%). We expect Research Analyst

demand in a context of macro uncertainty, AI and competition to lead debates. MLI+44 (UK)20 7995 7101

frederic.boulan@bofa.com

Semis: AI Power/Optical; Analog recovery; Pricing; China Didier Scemama >>

We will host AIXA, AMS, ASMI, ASML, IFX, MELE, MYCR, NOK, NOD, SOI, STM, ResearchMLI (UK) Analyst

VAT. Key focus will be on (1) AI Power: Incremental upside from AI/DC power +44 20 7995 6751

didier.scemama@bofa.com

architectures, including 800V HVDC, higher power density and related compound semi

Aditya Buddhavarapu, CFA >>

demand (IFX, STM and AIXA). (2) Optical: Customer traction in silicon photonics, optical Research Analyst

interconnect, sensing and data-centre connectivity, and when these opportunities could MLI (UK)

+44 20 7995 7318

become material (STM, AMS, SOI, AIXA). (3) Auto/Industrial: Debates around genuine aditya.buddhavarapu@bofa.com

demand bottom or only short-term restocking, and which end-markets remain weakest Victor Cheng, CFA >>

(IFX, STM, MELE, NOD and AIXA). (4) China: Concerns around localisation risk, export- Research Analyst MLI (UK)