Singapore-based semiconductor equipment maker Grand Venture Technology (GVT) is capitalizing on the growing demand for AI memory chips, driven by industries like healthcare, education, and finance. CEO Julian Ng highlighted that GVT has tripled its revenue since 2019, benefiting from Asia’s strong chipmaking ecosystem.
GVT Rides AI Boom
GVT develops advanced technologies like hybrid bonding for efficient chip stacking, crucial for producing high-bandwidth memory (HBM) chips used in AI computing. Major players like Micron and Infineon are expanding operations in Southeast Asia, with Micron planning a $7 billion HBM chip facility in Singapore. However, U.S. trade policies may pose challenges.
Story from Business Times Singapore
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