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 (Nov 21): The FBM KLCI closed 8.95 points or 0.56% lower as a fresh US-China row on Hong Kong threatened to delay a much-anticipated US-China trade deal. Such sentiment led to weakness across Asian stock markets.
At 5pm, the KLCI closed down at 1,592.19, led by AMMB Holdings Bhd. Across the broader market, Bursa Malaysia plantation shares rose with higher crude palm oil (CPO) prices.
Global shares took cue from the fresh US-China row, which exacerbated both nations' trade war. Reuters reported that global stocks took a beating on Thursday as a fresh row between Washington and Beijing over US legislation on Hong Kong threatened to undermine their trade talks and delay a "phase one" deal that investors had initially hoped to be signed by now.
"The US House of Representatives on Wednesday passed two Bills intended to support protesters in Hong Kong and send a warning to China about human rights. The legislation, which has angered Beijing, has been sent to the White House for President Donald Trump's approval. A person familiar with the matter said Trump was expected to sign it," the newswire said.
In Malaysia, Malacca Securities Sdn Bhd senior analyst Kenneth Leong
told theedgemarkets.com today that weakness in the KLCI was "mainly due
to the US and China trade (talk) progress on reports that the partial
trade agreement may not take place this year" after the US House of
Representatives passed the two Bills to support protesters in Hong Kong.
Leong however noted that prices of Bursa plantation shares increased as CPO prices rose. CPO prices for Jan 2020 rose as much as RM22 to RM2,664 a tonne today.
Across Bursa, the exchange saw 2.93 billion shares worth RM2.16 billion traded. Top gainers included Sarawak Oil Palms Bhd and Genting Plantations Bhd.
Bursa's plantation index closed up 58.06 points or 0.82% at 7,141.15.
Among the KLCI's 30 components, the biggest percentage decliner was AMMB after the stock slipped 12 sen or 2.87% to close at RM4.06.
Source: The Edge
Leong however noted that prices of Bursa plantation shares increased as CPO prices rose. CPO prices for Jan 2020 rose as much as RM22 to RM2,664 a tonne today.
Across Bursa, the exchange saw 2.93 billion shares worth RM2.16 billion traded. Top gainers included Sarawak Oil Palms Bhd and Genting Plantations Bhd.
Bursa's plantation index closed up 58.06 points or 0.82% at 7,141.15.
Among the KLCI's 30 components, the biggest percentage decliner was AMMB after the stock slipped 12 sen or 2.87% to close at RM4.06.
Source: The Edge
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