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...
KUALA LUMPUR (Jan 16): The FBM KLCI fell 13.66 points or 0.8% on renewed concerns over the UK's planned exit from the European Union (EU) and after China's Shenzhen Stock Exchange Composite fell as much as 6.1% in intraday trade.
The UK's planned exit from the EU is popularly known as Brexit.
In Malaysia, the KLCI closed at its intraday low at 1,658.84 points. Bursa Malaysia saw 1.79 billion shares, worth RM1.61 billion, traded. There were 225 gainers and 611 decliners.
The KLCI fell with Asian share markets. In China, the Shenzhen Stock Exchange Composite pared losses to close 3.62% lower, while Hong Kong's Hang Seng fell 0.96%. Elsewhere, Japan's Nikkei 225 declined 1%.
Reuters reported the sterling slid to three-month lows in Asia on Monday, with investors spooked anew by concerns over Britain's divorce from the EU, while US policy uncertainty lingered ahead of President-elect Donald Trump's inauguration.
Meanwhile, Bloomberg reported the Shenzhen Stock Exchange Composite sank as much as 6.1%, the biggest loss since Feb 29. Traders pointed to concern that regulators will accelerate the pace of initial public offerings, already at a 19-year high, diverting liquidity from existing shares.
In Malaysia, Areca Capital Sdn Bhd chief executive officer Danny Wong told theedgemarkets.com that the KLCI was ripe for profit taking, following recent steady gains.
“For the past two weeks, the market has been steadily moving upwards. Since last year, the market has been up about 30 points,” Wong said.
Source: The Edge
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