AI Chip Demand Boosts Chemical and Gas Makers

Artificial intelligence demand is driving third-quarter growth for European chemical and industrial gas companies. Major suppliers like Syensqo, Linde, and Air Liquide report strong results as semiconductor manufacturers expand production capacity.

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FILE PHOTO: The words "AI Artificial Intelligence" and a keyboard are displayed in this illustration created on October 19, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Artificial intelligence demand is boosting third-quarter sales for European chemical and industrial gas producers as semiconductor manufacturers expand output. The growth highlights how chip fabrication increasingly relies on specialized high-purity materials.