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 (July 31): Bursa Malaysia recouped last week's losses to close in positive territory on Monday (July 31), in line with the strong performance of regional peers, amid improved regional market sentiment, an analyst said. At 5pm, the FBM KLCI had improved by 9.08 points or 0.63% to 1,459.43, from 1,450.35 at last Friday’s close. The market bellwether opened 0.72 of a point higher at 1,451.07, its intraday low, and hit an intraday high of 1,464.70. The broader market was also positive, with gainers beating losers 545 to 405, while 452 counters were unchanged, 902 untraded, and 53 others suspended. Turnover stood at 3.29 billion units worth RM2.49 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the KLCI delivered an impressive performance, thanks to the strong backing of local institutions and continuous buying by foreig...