Stock Movers Deutsche Telekom Deal, ASM High, ABB Up
Apr 22, 2026
Chloe Millais, Bloomberg reporter on European markets, breaks down major market movers. She covers talks to merge Deutsche Telekom with T‑Mobile US and the regulatory and pricing hurdles. She explains ASM International’s revenue beat and AI data‑center demand driving chip‑equipment strength. She also outlines ABB’s higher revenue outlook thanks to a surge in data‑center power‑grid orders.
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Deutsche Telekom Weighs Mega Combination With T-Mobile US
- Deutsche Telekom is exploring a full combination with T-Mobile US that would create a single multinational telecom group listed in the US and a major European exchange.
- The talks are early and face limited synergies, regulatory hurdles, and the need to offer a premium to win over T-Mobile minority shareholders.
ASM Hits Record After Beat And Strong Guidance
- ASM International beat first-quarter revenue estimates and issued a stronger-than-expected second-quarter forecast, sending shares to a record high.
AI Data Center Spending Fuels Chip Equipment Rally
- The chip-equipment rally is driven by robust demand for AI data-center builds, and ASM cleared a high bar unlike peers whose guidance was already priced in.