Singapore said its customs and law enforcement departments will continue to work closely with US counterparts amid concerns China AI firm DeepSeek obtained Nvidia Corp. chips through intermediaries on the island.

STMicroelectronics (STMicro) plans to cut 2,000 to 3,000 jobs, approximately 6% of its global workforce, through early retirement programs or natural attrition as it grapples with persistent downturns in the industrial and automotive sectors.

Artificial Intelligence (AI) is an unstoppable trend. The US will remain strong, not just with OpenAI. Since DeepSeek has broken through the existing frameworks of Chinese enterprises and operates on an open-source model, it is likely that there will be others in the US who will follow suit.

The semiconductor industry is swiftly advancing due to high-performance computing and AI smartphones, creating opportunities for AI semiconductors. With the growing demand for advanced chip capabilities, the sophisticated packaging and testing market is expanding. Chunghwa Precision Test Tech (CHPT) specializes in test interface technology and leverages AI advancements to drive its research and development.