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: Qualcomm CEO Cristiano Amon made it clear: Intel’s chip-making tech isn’t ready for prime time. Until Intel upgrades its production, Qualcomm will keep relying on Taiwan Semiconductor (TSM) and Samsung — reinforcing TSMC’s dominant position in advanced semiconductors. What Happened Speaking to Bloomberg, Amon said: “Intel is not an option today.” Qualcomm would reconsider if Intel improves efficiency and manufacturing processes. For now, Qualcomm continues sourcing from TSMC and Samsung , which remain industry leaders in cutting-edge chip production. Why It Matters Intel has been trying to re-enter the foundry race with its IDM 2.0 strategy, aiming to win back major customers. But losing out on Qualcomm — one of the biggest mobile chip designers — underscores its uphill battle against TSMC and Samsung. TSMC (TSM.US): Maintains a lock on advanced nodes (N5/N3, moving to N2). Almost every AI, smartphone, and HPC chip depends on its ecosystem. Samsung: ...