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 (July 26): The FBM KLCI closed 2.66 points or 0.2% higher on bargain hunting amid speculation on the timing of Malaysia's 14th General Election (GE).
At 5pm, the KLCI settled at 1,766 points. The KLCI traded between its intraday high and low at 1,766.7 and 1,760.82 points respectively.
Bursa Malaysia saw 1.3 billion shares worth RM1.55 billion traded. There were 373 gainers and 378 decliners.
Etiqa Insurance and Takaful head of research Chris Eng told theedgemarkets.com that the KLCI rose as investors pushed the index higher "possibly on insider information on when the election might be (held)".
“The (Malaysian stock market) rally will continue as long as the global market does not collapse. Currently, the market is still foreign news driven,” Eng said.
Malaysia held its GE13 on May 5, 2013.
Across Asian share markets today, Japan’s Nikkei 225 rose 0.48% while Hong Kong’s Hang Seng was up 0.33%. South Korea’s Kospi, however, fell 0.22%.
Reuters reported that Japanese stocks rose on Wednesday, snapping a three-day losing streak, as solid gains on Wall Street boosted sentiment and Caterpillar Inc's strong earnings whetted investors' appetite for companies such as Komatsu Ltd and Hitachi Construction Machinery Co.
While overall sentiment improved, investors took profits later in some of the stocks which had risen in early trade, as they remained cautious ahead of a US Federal Reserve monetary policy decision later in the day, Reuters reported.
Source: The Edge
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