PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Hon Hai will work with Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms

TAIWAN

Hon Hai Precision Industry (2317 TT) - Co. will work with Intel (INTC) to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms. (Taipei Times)

TSMC (2330 TT) - Co. said strong AI chip demand is causing supply constraints and it is accelerating capacity expansions to ease bottlenecks. (Taipei Times)

SINGAPORE

City Developments (CIT SP) - Co. said its buyback offer for 24.1mln preference shares received a 100% take-up rate. (Business Times)

Civmec (CIVMEC SP) - Co. said its order book reached a record SGD 1.5bln amid new contracts, panel agreement extensions and orders. (Business Times)