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

Jul 23, 2025

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...

Frontal Report

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.