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 13): Malaysian stocks ended the week on a positive note today in line with regional markets as the US delayed a planned increase in its tariff on billions worth of Chinese-made goods.
The FBM KLCI closed up for the third consecutive day, gaining 3.82 points or 0.24% to settle at its intraday low of 1,571.16. The market was trading between 1,571.16 and 1,579.23 points throughout the day.
The top gainers on Bursa Malaysia were lead by Petronas Gas Bhd (+54 sen to RM16.94), Batu Kawan Bhd (+40 sen to RM17) and United Plantations Bhd (+38 sen to RM26.18). The top three laggards were Nestle Malaysia Bhd (-80 sen to RM144.60), Malaysia Airports Holdings Bhd (-34 sen to RM7.55) and QL Resources Bhd (-33 sen to RM7.55).
Trading volume increased to 2.94 billion shares worth RM2.51 billion compared with yesterday's 2.49 billion shares worth RM2.12 billion. Market breadth was positive with 425 gainers versus 368 losers, while 454 counters were unchanged.
According to Reuters, Southeast Asian shares were lifted today in response to the US agreeing to reduce existing tariffs on Chinese goods and delaying Sunday’s scheduled tariffs. Quoting sources, Reuters reported that China agreed to buy US$50 billion in US agricultural goods in 2020.
The Shanghai Composite Index posted a gain of 1.78% at 2,967.68 points. Meanwhile, Hong Kong’s Hang Seng index ended the day 2.57% higher at 27,687.76 points.
South Korea’s Kospi closed 1.54% higher at 2,170.25 points, while Japan's Nikkei 225 saw a 2.55% gain to 24,023.10 points.
Source: The Edge
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