Global Markets

PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: TSMC plans to build three new advanced packaging fabs in Phase II of the Chiayi Science Park, Nasdaq 100 rose on Friday, but Emini Nasdaq 100 futures have since pulled back beneath 30k after fresh US-Iran strikes

StockNow breaking-news AI analysis

Taiwan's tech sector sees major expansions by TSMC and Wistron, while escalating US-Iran military strikes and the closure of the Strait of Hormuz have pressured Nasdaq futures below 30,000.

News detail

TAIWANGlobalWafers (6488 TT) - Co. is preparing to expand capacity at its Texas facility after securing a 10-year supply agreement with Micron and USD 500mln in strategic funding. (Taipei Times)Nanya Technology (2408 TT) - Co. plans to increase capital expenditure to TWD 200bln next year to accelerate chip capacity expansion amid strong AI and general-purpose server demand. (Taipei Times)Starlux Airlines (2646 TT) - Co.’s specially designed Airbus A350-1000 aircraft, Airsorayama Silver, made its maiden flight to Tokyo on Sunday. (Focus Taiwan)TSMC (2330 TT) - Co. is reportedly planning to build three new advanced packaging fabs in Phase II of the Chiayi Science Park. (Taipei Times)Wistron (3231 TT) - Co. Q2 (TWD) rev. rose 62.4% Y/Y to 895.44bln, while H1 rev. rose 94.1% Y/Y to 1.74tln. (Taipei Times)Tech – Nasdaq 100 gained on Friday, although Emini Nasdaq 100 futures have since pulled back beneath the 30k level following fresh US-Iran strikes over the weekend. SINGAPOREQ&M Dental Group (QNM SP) - Co. will pay AUD 119.6mln to acquire Experteeth in a cash-and-share deal. (Newswires)Singapore Exchange (SGX SP) - Co. Jun (SGD) securities market turnover rose 72% Y/Y to 44.6bln. (Newswires)Suntec REIT (SUN SP) - Co. named Celine Tang as board Chairman. (Newswires)

1 stocks

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more