Singaporean chip tool maker ASMPT sees steady growth amid AI infrastructure boom

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ASMPT, a Singapore-based semiconductor equipment manufacturer listed in Hong Kong, sees steady long-term growth for the company, as the roll-out of more data centres spurs greater demand for artificial intelligence (AI) chips.“AI tailwinds are driving strong demand across both advanced packaging [AP] and mainstream businesses, and we achieved better-than-expected bookings for the first half of 2025,” CEO Robin Ng said on Wednesday, as the company reported its interim financial results.ASMPT, a...