PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Export Orders surged 60.1% Y/Y in January
Newsquawk Staff ·
TAIWAN
Advantech (2395 TT) - Co. expects revenue this quarter to rise to TWD 18.7bln-19.4bln, up from TWD 17.92bln in the prior quarter, driven by front-loaded orders from customers amid a shortage of memory chips and supported by strong design wins. (Taipei Times)
Nanya Technology (2408 TT) - Co. said the DRAM supply crunch could last through 2028 as the AI boom prompts major memory makers to cut standard DRAM production and allocate more capacity to high-bandwidth memory (HBM) chips. (Taipei Times)
TSMC (2330 TT) - Co. is moving ahead with plans to build a new fabrication plant at Tainan Science Park with completion targeted for 2028. (Focus Taiwan)
Data Recap
Taiwan Export Orders YY (Jan) 60.1% vs Exp. 50.9% (Prev. 43.8%, Rev. 44.0%)
SINGAPORE
Great Eastern (GE SP) - Co. is expanding its push into the high-net-worth segment with the launch of Great Eastern Private. (Straits Times)
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler
- GE Vernova (GEV) expects USD 50-100mln of annual cost synergies from Trench by 2030, according to the conference call
- GE Vernova Inc. (GEV) Q3 (USD) Revenue 12.6bln (exp. 11.99bln), Adj. EBITDA 1.9bln (exp. 1.69bln). Current FY Rev. 46-5-47.5bln (exp. 46.33bln)
- GE Vernova (GEV) to acquire Trench Group for USD 9bln
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