Quick Summary Nvidia posted a 75.2% adjusted gross margin , among the highest in Big Tech AI hyperscalers plan US$650B capex in 2026 , much flowing to Nvidia Rivals like AMD, Alphabet and Amazon are gaining traction Long-term margin sustainability remains the key investor question Margins Steal the Show While investors already expected strong demand, NVIDIA Corp surprised with something even more impressive: Adjusted gross margin of 75.2% , the highest since late 2024 — and management expects similar levels next quarter. For a nearly US$5 trillion company , that margin signals extraordinary pricing power in AI hardware. AI Spending Wave Still Intact AI hyperscalers are forecasting ~US$650 billion in capex for 2026 , up roughly 60% from 2025. Nvidia remains the primary beneficiary as demand for data centre GPUs continues to surge. But maintaining 75% margins depends on two big factors: 1️⃣ Supply Constraints Rising memory costs remain a ris...
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia closed lower on Thursday but managed to rebound from its intraday low, weighed down by profit-taking, particularly in financial stocks. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.87 points, or 0.39 per cent, to 1,740.94, compared with Wednesday’s close of 1,747.81. The benchmark had opened 1.62 points higher at 1,749.43, and moved between 1,726.92 and 1,749.43 throughout the trading session. The broader market was negative, with decliners outpacing gainers 746 to 367, while 520 counters were unchanged. A total of 1,136 counters were untraded and 165 suspended. Turnover rose to 2.98 billion units worth RM4.07 billion compared to 2.52 billion units worth RM2.93 billion on Wednesday.