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 Takeaways Alibaba secures China Unicom as client for its T-Head AI accelerators , marking early adoption of its in-house chips. Data center deployment: Chips will power Unicom’s new facility in Qinghai, alongside rivals MetaX and Biren. Competitive edge: Alibaba’s chip reportedly offers better memory specs than Huawei’s Ascend 910B , though Huawei is readying an upgraded 910C. Strategic investment: Alibaba committing ¥380B (US$53.5B) over three years into AI infrastructure, aiming to reduce reliance on Nvidia. Deal Significance The deployment at China Unicom’s Sanjiangyuan data center highlights Alibaba’s progress in the domestic semiconductor race. While the scale of adoption remains unclear, state media coverage signals government support and growing recognition of Alibaba’s T-Head unit as a credible player in China’s AI ecosystem. Competitive Landscape Huawei Technologies: Dominates with Ascend series but faces intensify...