STOXX 600 up 0.6
BESI at record high after Q4 beat, strong orders
Nestle drops on FY organic sales miss
Delivery Hero down after foodpanda business sale talks falter
Final eurozone inflation print for January due 1000 GMT

Feb 22 Reuters Europe39;s STOXX 600 index scaled an alltime high on Thursday, boosted by technology stocks following an upbeat revenue forecast from U.S. chipmaker Nvidia, while investors awaited minutes from the European Central Bank39;s latest policy meeting.

The panEuropean STOXX 600 rose nearly 1 to a record 495.81 points, beating its previous high of 495.46 reached in Jan. 2022. The index eased from session highs and was last up 0.6.

The technology sector drove gains with a 2.8 rise as investors cheered Nvidia39;s, results and forecast. Frankfurtlisted shares of the artificial intelligence bellwether jumped 13.7.

BESI semiconductor surged 16.6 to hit a record high after the Dutch chipmaking equipment supplier exceeded fourthquarter targets on demand for AIrelated chipmaking parts.

The technology index has jumped 12.5 so far this year and is trading at more than 23year highs on the back of upbeat earnings from industry leaders SAP and ASML Holding which have also received a boost from the AI frenzy.

Communications and information technology sectors have done quite well and they39;ve been achieving the strongest earnings beats so far, said Aneeka Gupta, director of macroeconomic research at WisdomTree.

Growth oriented sectors are…