Broadcom Stock: Factory for AI Substrates Opens in Singapore - Börse Express
Article excerpt
With the opening of a new manufacturing facility for highly complex semiconductor substrates, the US group Broadcom aims to alleviate bottlenecks in its supply chain. The joint venture Advanced Substrate Technologies, operated together with Japanese partner TOPPAN, yesterday commissioned the first local factory for high-end FC-BGA substrates in Singapore. The facility is intended to supply large-area, multi-layer carrier components for network technology and artificial intelligence applications. On the stock exchange, Broadcom shares are trading almost unchanged today at 313.15 Euros. Since the beginning of the year, the stock has recorded a gain of 5.2 percent, but is still 27 percent below its 52-week high. The semiconductor industry continues to struggle with tight substrate capacities for highly developed network switches and accelerators. Broadcom acts not only as a partner in the joint venture but also as its largest customer. The project in the Jurong district covers a total area of approximately 95,000 square meters and was realized with the support of the Singapore Economic Development Board (EDB). For the US group, the location outside Japan represents an important safeguard. The start of series production is planned for the end of 2026. More than 300 employees are already working at the site, including over 200 engineers and specialist technicians. By fiscal year...
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For the fourth quarter of the current fiscal year 2026, Broadcom management projects revenues of approximately 34.8 billion US dollars.
