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Singapore's AI Boom Fuels Factory Expansion, but Supply Chain Crisis Looms | Lavamgam

Technology

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Singapore's AI Boom Fuels Factory Expansion, but Supply Chain Crisis Looms

Singapore's manufacturing sector expanded for the 12th consecutive month in July, riding the AI-driven semiconductor supercycle. The PMI rose to 51.4, with strong growth in new orders, exports, and employment, driven by major US tech firms' AI investments. Electronics led the charge, marking its 14th straight month of expansion.