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PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Powertech Technology (6239 TT) is on track to begin shipping AI chips for AMD in H2, Nasdaq 100 dipped into correction territory during US trade, while futures and Asia tech stocks rebound after SK Hynix results

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Tech stocks rebound following SK Hynix's strong Q2 net profit, while Powertech confirms AMD AI chip shipping for 2027 and Quanta acquires AUO's factory for $608 million.

News detail

TAIWANPowertech Technology (6239 TT) - Co. is on track to begin shipping AI chips using its advanced panel-level packaging technology for AMD in H2 2027. (Taipei Times)Quanta Computer (2382 TT) - Co. will pay USD 608mln to acquire AUO's (2409 TT) factory in Taiwan. (Newswires)Tech – Nasdaq 100 dipped into correction territory during US trade, although futures and Asia-Pac tech stocks rebound following SK Hynix earnings. SINGAPOREST Engineering (STE SP) - Co.'s urban solutions unit secured a SGD 840mln contract for a railway project in Taiwan. (Straits Times)

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