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Singapore semiconductor stocks poised to ride AI boom as key links in supply chain: analysts

Yong Jun Yuan
Published Mon, Jul 17, 2023 · 05:00 AM

SINGAPORE-LISTED semiconductor companies are drawing attention from analysts as under-the-radar beneficiaries of the artificial intelligence (AI) boom.

While these Singapore players may not produce the chips that power artificial intelligence (AI) applications, their roles in chip supply chains could make them less obvious beneficiaries of the AI trend.

In the outlook for the second half of the year, DBS Group Research equity analysts said AI could breathe new life into the recovery in tech counters.

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