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 (Dec 3): The FBM KLCI declined 8.28 points or 0.53% to close at 1,562.27 with Asian shares, after US President Donald Trump restored tariffs on steel and aluminum imports from Brazil and Argentina and as investors evaluated US factory data.
Trump's latest move on Brazil and Argentina added fresh global trade war concerns, amid the existing US-China dispute.
In Malaysia, fund managers said the KLCI declined today, possibly on foreign selling, as institutional investors rebalanced their Malaysian equity portfolios.
“It is the year-end, so may be foreign funds want to unwind certain positions. However, this might change later, once they have looked at the portfolios,” Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng told theedgemarkets.com.
The KLCI pared losses at 1,562.27 at 5pm market close, after falling to its intraday low at 1,556.17.
Across Bursa Malaysia at 5pm, 2.34 billion shares worth RM1.74 billion were traded. Top decliners included Nestle (M) Bhd, Fraser and Neave Holdings Bhd and Hong Leong Financial Group Bhd.
Top gainers included Carlsberg Brewery Malaysia Bhd, VSTECS Bhd and IGB Bhd. Leading active stocks included Ekovest Bhd, PUC Bhd and Khee San Bhd.
Globally, Reuters reported most Southeast Asian stock markets on Tuesday tracked global equities lower, on concerns about weak US manufacturing data and signs of new fronts in the tariff scenario, posing an additional risk to the global economic outlook.
It was reported that a report from the Institute for Supply Management (ISM) showed US manufacturing activity contracted in November for the fourth consecutive month, stoking concerns that the longest period of economic expansion in US history could be losing steam.
It was reported that Trump said on Monday that he would restore tariffs on US steel and aluminium imports from Brazil and Argentina. "Trump's tariff threat overshadowed encouraging data from euro zone economies and China — Southeast Asia's biggest trading partner," Reuters reported.
Source: The Edge
Across Bursa Malaysia at 5pm, 2.34 billion shares worth RM1.74 billion were traded. Top decliners included Nestle (M) Bhd, Fraser and Neave Holdings Bhd and Hong Leong Financial Group Bhd.
Top gainers included Carlsberg Brewery Malaysia Bhd, VSTECS Bhd and IGB Bhd. Leading active stocks included Ekovest Bhd, PUC Bhd and Khee San Bhd.
Globally, Reuters reported most Southeast Asian stock markets on Tuesday tracked global equities lower, on concerns about weak US manufacturing data and signs of new fronts in the tariff scenario, posing an additional risk to the global economic outlook.
It was reported that a report from the Institute for Supply Management (ISM) showed US manufacturing activity contracted in November for the fourth consecutive month, stoking concerns that the longest period of economic expansion in US history could be losing steam.
It was reported that Trump said on Monday that he would restore tariffs on US steel and aluminium imports from Brazil and Argentina. "Trump's tariff threat overshadowed encouraging data from euro zone economies and China — Southeast Asia's biggest trading partner," Reuters reported.
Source: The Edge
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