KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday.
The US has imposed a 25% tariff on a narrow category of advanced semiconductors , a move closely tied to a deal that allows Nvidia to resume shipments of its Taiwan-made H200 AI chips to China — marking a major shift in Washington’s tech trade strategy. What’s the Deal? The tariff applies to specific high-end AI processors , including Nvidia’s H200 and Advanced Micro Devices ’s MI325X . The duty is collected when chips enter the US , before being re-exported to China or other overseas markets. In return, Nvidia received approval in December to sell H200 chips to China, subject to export licences. President Donald Trump described the arrangement as a win-win: “China wants them… and we are going to be making 25% of the sale of those chips.” Why This Matters This is not a blanket chip tariff . Instead, the US is: Holding off broader semiconductor levies following a national security probe Using targeted tariffs + licensing c...