PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nasdaq 100 lagged during US trade but still finished in the green after US stocks rebounded from losses as front-end yields edged lower

Taiwan Semiconductor Manufacturing Co. (2330 TT) - Co. is accelerating capacity expansion fivefold this year but is still unable to keep pace with booming AI demand, according to deputy co-COO Cliff Hou; Co. also plans to develop a 3-hectare site in Baipu Park with small clean rooms, laboratories and an advanced-packaging training base. (Taipei Times)

WinWay Technology (6515 TT) - Co. is racing to expand socket capacity through next year to ease supply constraints amid surging AI demand. (Taipei Times)

Tech – Nasdaq 100 lagged during US trade but still finished in the green after US stocks rebounded from losses as front-end yields edged lower.

No notable stocks stories.

The running thread here is one that has characterised the entire AI hardware cycle: foundry and test capacity expanding aggressively yet still lagging order books, with the constraint migrating downstream into advanced packaging and test sockets rather than wafer starts alone. In past episodes of this kind, management commentary confirming demand outstripping capacity has tended to validate the capex chain across the peer set rather than reprice the leader itself, since the read-through extends to equipment makers, packaging houses and memory suppliers in Korea and Japan. The fivefold expansion framing is qualitative rather than a formal guidance revision, so it carries less weight than the capex line on the next earnings print. On the macro side, the overnight US session followed a familiar pattern: a rebound led by a softer front end, with the Nasdaq lagging the broader tape, which historically signals rate sensitivity rather than an earnings-driven bid. The tells for the Asian session are whether TSMC's move pulls the Taiex weighting disproportionately and whether the front-end bid in Treasuries holds into the European morning. As a wrap note rather than a discrete catalyst, the signal is directional for sector breadth, not index level.