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 30): The FBM KLCI closed up 2.21 points or 0.13% at 1,685.94 points today, as investor sentiment remained cautious and uncertain on domestic and global factors.
“It may have just been a technical rebound as the underlying tone is still volatile,” said Kenny Yee, head of research at Rakuten Trade Sdn Bhd.
Yee told theedgemarkets.com that Wall Street stock movements are still likely to lead the way for local investors, while they keep a lookout for Budget 2019 to be announced on Friday.
Gainers were led by Fraser & Neave Holdings Bhd, Dutch Lady Milk Industries Bhd and Airasia Group Bhd, while top decliners were Nestle (Malaysia) Bhd, Ajinomoto (Malaysia) Bhd and United Plantations Bhd.
Most actively-traded counters were Datasonic Group Bhd, Seacera Group Bhd and Sapura Energy Bhd.
Across Asia, shares were choppy as investors remained cautious on Sino-US trade war developments, Reuters reported.
Japan’s Nikkei erased early losses to climb 1.5%, while MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.9%, after swinging in and out of negative territory, the newswire said.
Source: The Edge
Comments
Post a Comment