PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: MediaTek (2454 TT) launched the Dimensity 9600 Pro, its first mobile chip built on TSMC's (2330 TT) 2nm process
MediaTek launched its TSMC-built 2nm mobile chip, Sharp opened AI server orders with Hon Hai, Grab agreed to acquire Atome Financial, and Singapore Airlines reported August operating traffic growth.
News detail
TAIWAN Hon Hai Precision Industry (2317 TT) - Co.'s Sharp (6753 JT) has begun accepting orders for AI servers developed in collaboration with Hon Hai, leveraging the Co.'s procurement capabilities amid tight component supply. (Nikkei) MediaTek (2454 TT) - Co. launched the Dimensity 9600 Pro, its first mobile chip built on TSMC's (2330 TT) 2nm process. (Newswires) TSMC (2330 TT) - Co. remains cautious about using AI to process sensitive research data due to leakage risks, while its Germany venture reached a construction milestone with a topping-out ceremony. (Taipei Times) Tech Nasdaq underperformed during Wall St trade as all major indices extended declines as oil and yields climbed. SINGAPORE Singapore Airlines (SIA SP) - Co. August group passenger traffic rose 1.5% Y/Y, passenger capacity rose 3.5%, passenger load factor was 86.4%, cargo loads rose 2.8% Y/Y and cargo capacity fell 0.7% Y/Y due to aircraft maintenance, while e-commerce flows to Europe softened. (Dow Jones Newswires) Other News Grab agreed to acquire Singapore-based Atome Financial for USD 1.49bln to strengthen its consumer lending business and raise its 2028 targets. (Nikkei)
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