On August 27, economists from Maybank stated that although the growth rate of Singapore's electronics industry has slowed to an 11-month low, with electronic output in July increasing by 11.2% year-on-year, down from 21.1% in June, partly due to a high base effect from the same period last year, the industry will still benefit from the global construction of artificial intelligence infrastructure. Maybank believes that the AI boom is unlikely to end soon. Meanwhile, the expansion of global chip manufacturing capacity is driving strong demand for semiconductor equipment in Singapore. It is reported that Singapore accounts for approximately 20% of the global semiconductor equipment production market.