Amanda Tan of DBS Group Research has kept her " buy" call target price on AEM Holdings following news that Nvidia is targeting the PC segment - a market that has been synonymous for years with AEM' s key customer Intel Corp.

At the annual PC event in Taiwan, Nvidia, whose chips are mainly notable for use in data centres powering AI capabilities, announced the launch of RTX Spark, which is described as a new " superchip that reinvents Windows PCs for the era of AI agents" , and also for use by high-end creative workloads and gaming.

$AEM(AWX.SI) $SGX(S68.SI)

&zwnj On 7 April 2026, Minister Chee Hong Tat read the bill for MAS to implement Global Listing Board (GLB) to facilitate dual-listing of SGX companies in Nasdaq. Following the news, AEM shares rocketed and led to it' s market cap crossing $2 billion threshold, the eligibility for GLB. And then, JP Morgan appeared out of nowhere to become substantial shareholder of AEM on 10 April 2026. Within a month, AEM soared from $4+ to the current $7+. On the basis of these events, I am of the opinion that big boys are betting for AEM to list on Nasdaq, probably by end of 2026.

$AEM(AWX.SI)

&zwnj https://sgwealthbuilder.com/2026/05/19/aem-share-price-fulfilled-its-d...

&zwnj AEM shares price is starting to show sign of correcting. Could it be the work of shortsellers or big boys cashing out? I have sold at $10 before. So the opportunities are there to buy on the dip. Question now is how low can it go?

&zwnj AEM shares have retraced lately from their record high of $10.60 to sit around $8.80. Although I exited this counter at $10.30, I do not think the share price has peaked yet. I am still of the view that the stock is worth at least $10. This was my view back in 2020 and 2023, and it remains unchanged.

&zwnj In fact, the hypersonic form of AEM&rsquo s share price led to a slew of analysts scrambling to upgrade their target prices, with CGS International setting an astonishing $10.15 target and DBS setting a target of $11.80.

&zwnj My view is that AEM&rsquo s share price should return to its blistering form in June before the release of its 1HFY2026 results. That will be a baptism of fire for AEM, as the revenue ramps from its two AI/HPC customers will finally be unveiled. For 1QFY2026, revenue increased 35.8% year-on-year to hit $116.9 million, while net profit skyrocketed 329% to smash past $14.3 million. Traditionally, the first quarter is the slowest for AEM. Therefore, I expect the subsequent quarters to be spectacular in terms of both revenue and net profit.

 

 

 

AEM Holdings, Top Glove Corp, UI Boustead REIT and PC Partner Group have been included in the iEdge Singapore Next 50 Indices, following the latest quarterly balancing review.

These four companies displaced the following four companies: Singapore Post, Digital Core REIT, Wee Hur Holdings and China Sunsine Chemical Holdings.

The same changes were made to both variants of the iEdge Singapore Next 50, introduced by the Singapore Exchange to lift interest in companies outside the 30 Straits Times Index component stocks.

 

The two variants are: iEdge Singapore Next 50 Index and the iEdge Singapore Next 50 Liquidity Weighted Index.

The changes will take effect on June 22. The next review will take place in September.

SGX says that technology is becoming structurally significant within the index.