{
  "id": 1615915,
  "title": "SkyeChip's AI expansion to yield meaningful earnings from 2029",
  "url": "https://urgent.news/2026/08/18/skyechips-ai-expansion-to-yield-meaningful-earnings-from-2029",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-18T02:42:54.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/08/1513517/skyechips-ai-expansion-yield-meaningful-earnings-2029"
  },
  "original_language": "en",
  "account": "SkyeChip Bhd has embarked on an expansion into artificial intelligence (AI) silicon and Arm-based compute platforms, which could start contributing to earnings around 2029, according to UOB Kay Hian (M) Sdn Bhd. While initial revenue from these ventures is expected to be limited, successful tape-out and volume production are anticipated to yield more significant earnings. The company's established silicon intellectual property (IP) and custom application-specific integrated circuit (ASIC) businesses are expected to remain the primary sources of earnings. SkyeChip's recent collaboration with Cerebras Systems and its agreement with the Malaysian Investment Development Authority for access to Arm's Flexible Access token demonstrate its commitment to advanced AI computing platforms. The firm aims to finalize its Arm Compute Subsystems agreement by FY27, supporting its expansion into custom compute and AI hardware accelerators. UOB Kay Hian has revised its FY27 to FY29 earnings forecasts upward by two percent, while Hong Leong Investment Bank Bhd also maintains a Hold rating for SkyeChip, with an unchanged target price.",
  "summary": "KUALA LUMPUR: SkyeChip Bhd’s expansion into artificial intelligence (AI) silicon and Arm-based compute platforms is expected to contribute limited revenue in the near term, UOB Kay Hian (M) Sdn Bhd said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}