Semiconductors

Europe to invest €525 million in chip startups to catch up with US and China

Chip startups will have access to chip design tools and design support services, among other things.

Singapore factory activity grows at slower pace in October after accelerating since March

Singapore’s purchasing managers’ index remained in expansionary territory while falling to 51.4 points in October.

News analysis

Investor scrutiny of the AI spending boom is rising, but Big Tech is unlikely to give up

Given that the bulk of chip manufacturing capacity is in Asia, the AI boom’s fate has the potential to redefine the region’s economic outlook.

South Korea to double spending on AI and chips in 2027

South Korean President Lee Jae Myung delivering his budget speech for 2027 at the National Assembly in Seoul on Nov 2.

Why Trump’s tech dreams are quietly crumbling

Since returning to power, US President Donald Trump has pledged to bring chip production “back” to America.

South Korea exports extend robust growth on AI-fuelled chip boom

The continued strength adds to the case for the Bank of Korea to raise interest rates in November.

OpenAI’s Altman meets Samsung executives as chip crunch deepens

OpenAI CEO Sam Altman is the latest American tech leader to visit South Korea, the leader in advanced memory chips.

Markets lashed by tech rout as earnings fan AI fears

Bitcoin tumbled after Binance had fallen victim to a major hacking attack that had impacted around US$6.3 billion in funds.

Intel shares drop 21% on Israel factory blast, PC weakness

The October explosion at Intel’s Kiryat Gat factory in Israel killed two and seriously injured one.

Chipmaker STMicro lifts data centre revenue forecast after Q3 profit beats expectations

STMicroelectronics now expects to book about US$1.3 billion (S$1.6 billion) in data centre revenue in 2026, up from a July forecast of more than US$1 billion.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.