Singapore Q2 GDP grew 5.7% as AI-led manufacturing surged
What's new: The figure beat forecasts, and some economists lifted 2026 growth views to as high as 4.8%.
Channel News Asia, CNBC +2
Subject
#Semiconductors
SK hynix jumps on Wall Street after record $26.5 billion US listing
What's new: The South Korean chipmaker topped Alibaba's foreign IPO record as investors piled into an AI-linked semiconductor play.
Singapore’s chip exports surged as AI demand widened its lead in semiconductors
What’s new: Chips made up S$1.7 billion of Singapore’s S$3.1 billion electronics exports in March, while non-electronics exports fell 3.5% in Q1.
ASML trims planned 1,700 job cuts after union negotiations
What's new: layoffs now cannot take effect before May 1, and affected staff will have until May 2027 to seek other roles.
Applied Materials opens $500 million Singapore chip campus
Why it matters: The expansion more than doubles local cleanroom capacity and is expected to add 1,000 jobs as AI chip demand rises.
TSMC May sales jump 30% as AI chip demand stays strong
What's next: Analysts expect second-quarter sales to rise 35%, after TSMC lifted its 2026 outlook and spending plans in April.
US proposed 12.5% tariff could hit one-third of Singapore exports
What's next: The plan faces public comments and USTR hearings in July before current US reciprocal tariffs expire on July 24.