Ubisoft Entertainment tops STOXX 600
Chipmakers rally ahead of Nvidia earnings
Miners gain on higher metal prices
STOXX 600 up 0.9

Aug 22 Reuters European shares rose on Tuesday, driven by technology stocks as chipmakers tracked an overnight Wall Street rally ahead of Nvidia39;s earnings, while Ubisoft jumped after Activision sold its nonEuropean streaming rights to the French company.

The panEuropean STOXX 600 added 0.9, tracking a 1 gain in the techheavy Nasdaq.

The technology sector gained 2 as chip stocks rallied on optimism surrounding the world39;s most valuable chipmaker Nvidia ahead of its quarterly results on Wednesday.

Shares of Amsterdamlisted chipmakers ASML Holding N.V., ASM International N.V and BE Semiconductor Industries N.V. gained between 2.6 and 3.2.

Parislisted shares of FrancoItalian chipmaker STMicroelectronics added 2.5.

Ubisoft Entertainment advanced 6.7 to the top of STOXX 600 as it will buy the nonEuropean streaming rights of Call of Duty maker Activision, potential owner Microsoft said.

Copenhagen stocks jumped 1.2 as shares of Novo Nordisk, Europe39;s second most valuable listed company, gained 1.6.

European miners added 1.2, tracking higher metal prices.

Investors now keenly await the Jackson Hole Symposium later this week, where European Central Bank President Christine Lagarde and Federal Reverse Chair Jerome Powell are expected to provide clues about the interest rate outlook.

In terms of expectations, I think Jerome Powell…