{
Robin Ng

People

}
001122334455554433221100
001122334455554433221100

semiconductor firm faces profit drop while shifting focus to ai applications

Singapore-based semiconductor equipment maker ASMPT reported a staggering 94.4% drop in net profit for Q4 2024, totaling HK$4.2 million (US$537,000), despite steady revenue of HK$3.4 billion (US$434 million). Following a 16.6% decline in stock price, CEO Robin Ng highlighted challenges in non-AI sectors and emphasized a strategic pivot towards AI applications to meet the growing demand for AI chips and infrastructure.
Tech in Asia
United States Dollar Hong Kong Dollar HKG SGP Robin Ng
Business & Industry, Market Report
02:00 27.02.2025
Trending
Subcategory
Stock Market Updates Corporate News Industry Trends Global Trade Developments Global Financial Events Finance Mergers & Acquisitions Retail and Consumer Goods Banking Regulations Startups & Entrepreneurship Industry Mergers & Acquisitions CEO Changes Market Analysis and Predictions Government Economic Policies Government Policies Inflation and Monetary Impact Central Bank Actions GDP Growth & Recession Forecasts Commodities Consumer Protection Regulations Domestic Politics
Countries:
USA CHN GBR CHE IND JPN CAN FRA ESP DEU ITA SGP ARE MEX VNM BRA BEL AUT LIE EGY
Companies:
Barclays PLC JPMorgan Chase & Co. Apple Inc. Tesla, Inc. Berkshire Hathaway Inc. Banco Santander, S.A. The Goldman Sachs Group, Inc. Microsoft Corporation Commerzbank AG Amazon.com, Inc. Lloyds Banking Group plc NVIDIA Corporation Morgan Stanley Bank of America Corporation Wells Fargo & Company Citigroup Inc. SpaceXCoin USD Deutsche Bank Money Market PP Royal Bank of Canada UBS Group AG
Currencies:
United States Dollar Euro British Pound Sterling Swiss Franc Indian Rupee Japanese Yen Chinese Yuan South Korean Won New Taiwan Dollar Canadian Dollar United Arab Emirates Dirham Vietnamese Đồng Danish Krone Indonesian Rupiah Russian Ruble Singapore Dollar Chilean Peso Egyptian Pound Cambodian Riel
People:
Donald Trump Elon Musk Warren Buffett Troy L Rohrbaugh Alex Kramm JD Vance Robin Leopold Pierin Vincenz Carsten Fritsch Jerome Powell Ana Botina Jeff Bezos Stacey Friedman Karoline Leavitt Stefan Rauti Manav Patnaik Jesús Aguado Inti Landauro Mark Zuckerberg Ana Patricia Botin

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.