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 (Oct 25): The FBM KLCI settled 2.91 points or 0.2% higher, mainly on index-linked Genting Malaysia Bhd share gains.
At 5pm, the KLCI closed at 1,739.05 points after falling to its intraday low at 1,733.67 points. Genting Malaysia shares rose 13 sen to RM5.13 to become Bursa Malaysia's ninth-largest gainer.
Across Bursa Malaysia, 2.46 billion shares worth RM1.89 billion were traded. There were 349 gainers and 433 decliners.
“The (Malaysian) stock market is actually oversold, and (the KLCI) will probably hold at the 1,740-1,750 level for the next few days. There’s no reason for it to fall further,” Malacca Securities Sdn Bhd head of research Victor Wan told theedgemarkets.com.
Looking ahead, Wan said besides Malaysia's Budget 2018 which will be announced this Friday (Oct 27), investor sentiment will be largely dependent on announcements of more infrastructure projects, which in turn will affect Bursa Malaysia construction counters.
Today, investors' interest on Bursa Malaysia construction counters was apparent. The Bursa Malaysia Construction Index rose 5.87 points or 1.83% to close at 326.98 points.
Source: The Edge
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