PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) October revenue rose 59.7% Y/Y to TWD 586.9bln
ORIGINAL · NewsquawkPRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) October revenue rose 59.7% Y/Y to TWD 586.9blnRead originalHide original
TAIWAN Inventec (2356 TT) - Co. expects Q4 server shipments and revenue to rise Y/Y but remain flat Q/Q, whilst forecasting high double-digit Y/Y growth in GPU- and ASIC-based servers in 2027, supported by strong client demand. (Taipei Times) TSMC (2330 TT) - Co. October (TWD) rev. rose 59.7% Y/Y and 14.7% M/M to a record 586.89bln (prev. monthly record 514.81bln in August), supported by strong AI-related demand. (Focus Taiwan) Tech - Nasdaq 100 underperformed during US trade as yields rose on hawkish Fed rhetoric and firmer-than-expected US CPI data, although futures have rebounded overnight. SINGAPORE Keppel Infrastructure Trust (KIT SP) - Co. is to acquire a 70% stake in Singapore's first hydrogen-compatible combined cycle power plant from Keppel Asia Infrastructure Fund. (Newswires)
The brief reports TSMC’s record October revenue, Inventec’s server outlook, a Nasdaq 100 market move, and Keppel Infrastructure Trust’s planned power-plant stake acquisition.
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TAIWAN Inventec (2356 TT) - Co. expects Q4 server shipments and revenue to rise Y/Y but remain flat Q/Q, whilst forecasting high double-digit Y/Y growth in GPU- and ASIC-based servers in 2027, supported by strong client demand. (Taipei Times) TSMC (2330 TT) - Co. October (TWD) rev. rose 59.7% Y/Y and 14.7% M/M to a record 586.89bln (prev. monthly record 514.81bln in August), supported by strong AI-related demand. (Focus Taiwan) Tech - Nasdaq 100 underperformed during US trade as yields rose on hawkish Fed rhetoric and firmer-than-expected US CPI data, although futures have rebounded overnight. SINGAPORE Keppel Infrastructure Trust (KIT SP) - Co. is to acquire a 70% stake in Singapore's first hydrogen-compatible combined cycle power plant from Keppel Asia Infrastructure Fund. (Newswires)
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