PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Pegatron Corp (4938 TT) aims to grow its artificial intelligence server revenue more than 10-fold this year
TAIWAN
GlobalWafers Co (6488 TT) - Co. is positive on this year citing robust demand for advanced 12-inch wafers and a pickup in smaller-diameter wafers amid the AI boom, while expecting revenue to be flat or grow slightly after falling 3.24% Y/Y to TWD 60.6bln last year. (Taipei Times)
Pegatron Corp (4938 TT) - Co. aims to grow its artificial intelligence server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. (Taipei Times)
Tech - Taiwan’s three major science parks’ combined revenue in 2025 rose 21.83% Y/Y to a record TWD 5.8tln. (Taipei Times)
SINGAPORE
Del Monte Pacific (DELM1 SP) - Co. Q3 (USD) net rose 300% Y/Y to 10mln (prev. 2.5mln Y/Y). (Dow Jones Newsplus)
Q&M Dental (QNMR SP) - Co. proposed to acquire a 100% stake in an Australian dental group for AUD 144.5mln. (Business Times)
Singapore Exchange (SGX SP) - Co. February total securities market turnover SGD 38.6bln (prev. 34.6bln M/M), while securities daily average value was SGD 2.1bln. (Newswires)
Pegatron Corp's ambitious target of growing its AI server revenue more than 10-fold signals strong demand in the tech space, particularly from cloud service clients. This could point to a broader trend of increasing investments in AI technology, which is likely to bolster investor sentiment towards tech-related equities in the region. Overall, this growth strategy may elevate Pegatron's market position and foster interest in Taiwanese tech stocks and their peers.