[SINGAPORE] Technology stocks in Singapore are avoiding a global sell-off thanks to lower exposure to crowded artificial intelligence trades and supportive domestic macroeconomics.

Tech stocks such as , and were in flux on Wednesday (Jun 24), swinging between small gains and smaller declines. Only was consistently down, falling about 3 per cent as at midday, as it dealt with the ripple effects of a boardroom dispute.

The tech-led sell-off overnight in other markets was linked to AI hardware stocks, including Nvidia, said RHB analyst Alfie Yeo. Memory stocks SK Hynix and Samsung, which offer integrated device manufacturing for memory chips, were also…