PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology Holding (3711 TT) raised its annual capex budget

**, driven by strong demand for advanced chip packaging, particularly for AI applications. (Taipei Times)

Delta Electronics (2308 TT) - Co. expects Q4 revenue to rise Q/Q from TWD 197.06bln, supported by robust demand for AI data centre power and thermal management products, with strong order momentum expected to continue into next year. (Taipei Times)

Hon Hai Precision Industry (2317 TT) - Co. expects double-digit revenue growth in 2027, driven by robust demand for AI data centre-related products, while anticipating divergent growth trends across its other businesses. (Taipei Times)

MediaTek (2454 TT) - Co. secured a second customer for its customised AI data centre accelerator chips, with volume production of a second-generation chip for an existing customer on track for early 2028, while expecting to capture approximately 20% of the global ASIC market for AI accelerators in 2027. (Taipei Times/Focus Taiwan)

• Nasdaq 100 underperformed on Friday as tech stocks sold off on weak earnings, although futures nurse some of the losses at the start of the week amid lower oil prices and diplomacy hopes following Iran discussions with mediators in Doha on Saturday.

Bumitama Agri (BAL SP) - Co. committed to voluntarily engaging assessors from the Singapore government's panel at its own expense, as directed by the National Environment Agency (NEA), in connection with fires in Indonesia. (Newswires)

Keppel (KEP SP) - Co. unit RigCo secured a SGD 51mln charter extension. (Newswires)

Capex raises from outsourced packaging and test houses have historically been among the cleaner real-economy tells in a semiconductor upcycle, since OSATs commit capital only against visible multi-year demand for advanced packaging capacity; in past episodes of this kind the raise has tended to precede, rather than follow, upward revisions across the foundry and substrate complex. The through-line across the tape is consistent: assembly, power and thermal management, and server contract manufacturing are all citing AI data centre demand at the same time, a clustering pattern that in prior hardware cycles has marked the broadening phase of the build-out rather than the peak. MediaTek's disclosed ASIC market share ambition is the more structurally interesting line, since it speaks directly to the longstanding question of how much custom silicon displaces merchant accelerators; comparable share claims from challengers have in the past proven directionally right on design wins while slipping on the volume timeline, so the second-customer confirmation matters more than the percentage. Keppel's rig charter extension is a smaller signal but fits the established pattern of offshore day-rate firmness sustaining contract rollovers. The follow-ons worth noting are whether foundry and memory capex commentary corroborates the packaging signal at the next round of updates, and whether the ASIC design-win cadence shows up in peer disclosures. The Bumitama item is idiosyncratic and regulatory in nature.