KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Key Takeaway Broadcom (AVGO) delivered strong Q3 earnings, but the real spotlight is a $10 billion AI chip order — reportedly from OpenAI — which sets up fiscal 2026 for accelerated growth. Q3 Earnings Snapshot Revenue : $15.95B (+22% YoY, +6% QoQ), slightly above guidance. Gross Margin : 67.1% (+3.2 ppts YoY, -0.9 ppts QoQ). Non-GAAP Net Income : $8.4B (+56% YoY, +8% QoQ), narrowly topping estimates. Semiconductors : $9.2B revenue (+26% YoY), with AI chips contributing $5.2B (+63% YoY). Software : $6.8B revenue (+17% YoY), with high margins (93% GM). AI the Main Driver $10B order from a fourth major customer (likely OpenAI) adds to Broadcom’s AI pipeline alongside Google, Meta, and ByteDance. AI XPU chips led growth, contributing ~65% of AI revenue and growing 28% sequentially. Broadcom disclosed a $110B backlog , with AI-related orders now outweighing non-AI. Non-AI Segment Still Weak Non-AI semiconductor revenue (~$4.0B) remains soft. Broadband showed resilien...