{
  "id": 5070126,
  "title": "Falling AI token costs could fuel next leg of Singapore semiconductor rally: analysts",
  "url": "https://urgent.news/2026/09/02/falling-ai-token-costs-could-fuel-next-leg-of-singapore-semiconductor",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-02T10:21:43.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/falling-ai-token-costs-could-fuel-next-leg-singapore-semiconductor-rally-analysts"
  },
  "original_language": "en",
  "account": "Singapore-listed semiconductor equipment suppliers are poised to benefit from a potential surge in spending on artificial intelligence infrastructure, according to analysts. Falling token costs for AI models are encouraging broader adoption of AI applications, according to DBS Group Research. The Silicon Data's Large Language Model Token Expenditure index, which tracks the cost of one million tokens, fell to US$0.9665 on August 31, down from a May peak of US$2.0651. This decline in token costs could lead to more AI usage in the form of AI applications and agentic AI, which would increase computing demand and improve the economics of the underlying infrastructure.",
  "summary": "Share prices of AEM, UMS and Frencken have soared between 65 and 400% this year, with bets on AI-driven chip demand",
  "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."
}