Chipmaking equipment maker ASML, Europe's biggest technology company by market value, reported better-than-expected net profit and its best-ever quarterly orders, while German software maker SAP forecast double-digit growth in revenue from its key cloud business.

By 0835 GMT, SAP rose over 7% in Frankfurt to an all-time high and ASML gained 6.3% in Amsterdam.

Including Wednesday's gains, Europe's tech index is up 5.5% so far this year, while the broader STOXX 600 is down almost 1%.

(Reporting by Danilo Masoni, editing by Alun John)