PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nasdaq outperformed and all major US indices were higher following NVIDIA earnings, while tech did all the heavy lifting with every other sector in the red

TAIWAN IntelliEPI (4971 TT) - Co. expects revenue this quarter and next quarter to rival its record TWD 332mln Q1 level, driven by strong demand for AI data-centre wafers, and maintained its FY revenue growth forecast of 20-40% from TWD 1.08bln last year. (Taipei Times) Tech Nasdaq outperformed and all major US indices were higher following NVIDIA earnings, while tech did all the heavy lifting with every other sector in the red. Other News Taiwan’s economy remained on a solid footing in July, supported by the AI-driven boom, with the NDC’s business monitoring indicator remaining “red” for an eighth consecutive month and the composite score unchanged at 41. (Taipei Times) SINGAPORE Frencken Group (FRKN SP) - Co. plans to raise SGD 100mln through a placement of 44.1mln shares at SGD 2.2687/shr, representing a 10% discount and around 10.3% of existing issued shares. (Business Times) Seatrium (STM SP) - Co. and Petrobras are discussing a potential tie-up to explore offshore natural gas solutions, including liquefaction and exports to Asia and other markets. (Business Times)