AEM Holdings is trading 6.9% down at SGD 9.17 as semiconductor stocks slide broadly following TSMC’s higher capital expenditure forecast, which sparked concerns over rising AI infrastructure costs.
- The move extends the stock's decline from its prior close of SGD 9.85, giving back a portion of its recent strong rally.
- Chip-related names across the sector are facing pressure as investors weigh the impact of increased spending requirements for AI development.
- As a major semiconductor testing provider, AEM Holdings is tracking the broader sell-off affecting Singapore-listed technology plays.