Intel heads into its April 23 earnings with rising investor expectations , but the key question remains whether AI-driven CPU demand can offset ongoing margin weakness . Revenue Stable, But Margins Under Pressure Intel is expected to deliver Q1 revenue around US$12.4 billion , slightly above the midpoint of its guidance range. However, the real concern lies in profitability: Gross margin guided at 34.5% , down from 39.2% a year ago EPS near breakeven (~US$0.00) vs US$0.13 last year This highlights continued pressure from costs, utilisation, and product mix , despite improving demand signals. AI CPUs: A Key Growth Driver Intel’s near-term bullish case centers on AI-related CPU demand , particularly its Xeon processors. A key development is its partnership with Alphabet , which reinforces: Intel’s role in AI data centre infrastructure Growing demand for AI inference and general-purpose computing Investors will watch c...
What a day for Bursa...another U-turn at the last minute.
FBM KLCI rose at the 11th hour today to close at 1,724.75 at 5pm. The KLCI erased losses after volatile trades earlier. Looking at Bursa, most of the export counters are being hit badly as the Ringgit seems to have find its footing.
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| FBM KLCI closed higher after reversing losses at the 11th hour |
The ringgit strengthened to 4.0098 against the US dollar on crude oil gains.
The exchange rate had earlier reached its strongest intraday level at 3.9805.
In Asia, Japan’s Nikkei 225 was up 1.94%, while South Korea’s Kospi rose 0.35%. Hong Kong’s Hang Seng fell 0.08%.
Bursa Malaysia saw 2.42 billion shares, valued at RM2.88 billion, traded. There were 396 gainers against 473 decliners.
Hubline was in the top active list today while Scientex and Tenaga both lead the top gainer list. Panasonic Manufacturing (M) Bhd was the top loser for the day.
Reuters reported Asian stocks seesawed on Tuesday, as hawkish comments from U.S. Federal Reserve officials clouded the monetary policy outlook in less than a week after Fed Chair Janet Yellen had set out a more cautious path to interest rate increases this year.
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