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 (May 21): The FBM KLCI erased gains in the second half of trading today as trade tensions between the US and China weighed on investor sentiment.
The key market barometer closed at 1,603.74, down 1.62 points or 0.1%.
"(In the broader market,) the technology sector suffered the worst decline, with the Bursa Malaysia Technology Index falling 3.5%," said Malacca Securities Sdn Bhd senior analyst Kenneth Leong.
Leong advised investors to keep an eye out for corporate earnings being released towards the end of the month, although the research house does not expect a significant change in market from the earnings releases.
Market breadth was negative as 558 stocks closed in the red, more than two times the number of gainers, at 203.
Trading activity was muted as the day was sandwiched between two public holidays. Some 1.8 billion shares valued at RM1.46 billion changed hands.
Bursa was closed yesterday for the Wesak Day holiday and will be on a break tomorrow for Nuzul al-Quran.
Lambo Group Bhd, Barakah Offshore Petroleum Bhd and Bumi Armada Bhd were the most actively traded stocks today.
Across Asia, most markets regained some ground after being sold down on Monday due to US President Donald Trump's trade restrictions on China's Huawei stoking fears over the trade war between both countries, Reuters reported.
The Shanghai Composite Index climbed 1.23% while South Korea's Kospi gained 0.27%, supported by heavyweight smartphone maker Samsung Electronics, a key Huawei rival.
However, Japan's Nikkei closed in the red as it lost 0.14%.
Source: The Edge
Trading activity was muted as the day was sandwiched between two public holidays. Some 1.8 billion shares valued at RM1.46 billion changed hands.
Bursa was closed yesterday for the Wesak Day holiday and will be on a break tomorrow for Nuzul al-Quran.
Lambo Group Bhd, Barakah Offshore Petroleum Bhd and Bumi Armada Bhd were the most actively traded stocks today.
Across Asia, most markets regained some ground after being sold down on Monday due to US President Donald Trump's trade restrictions on China's Huawei stoking fears over the trade war between both countries, Reuters reported.
The Shanghai Composite Index climbed 1.23% while South Korea's Kospi gained 0.27%, supported by heavyweight smartphone maker Samsung Electronics, a key Huawei rival.
However, Japan's Nikkei closed in the red as it lost 0.14%.
Source: The Edge
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