Posted by James_Bond > 2 months ago | Report Abuse

Go go go MPI! Haha!

Posted by James_Bond > 2 months ago | Report Abuse

Comrades, let’s Huat with MPI! Wakakaka!

Posted by James_Bond > 2 months ago | Report Abuse

Comrades, let’s hold the forts! Cheers!

Posted by gooman > 2 months ago | Report Abuse

https://www.bloomberg.com/news/articles/2024-02-18/china-stocks-primed-for-bullish-open-after-upbeat-holiday-data

Posted by James_Bond > 2 months ago | Report Abuse

Congrats my comrades, mpi latest QR improving! Enjoy the ride up! I m right again! Haha!

Posted by gooman > 2 months ago | Report Abuse

https://www.bloomberg.com/news/articles/2024-02-21/china-stocks-rally-on-quant-fund-clampdown-property-support

Posted by James_Bond > 2 months ago | Report Abuse

Congrats my comrades! We r laughing to the bank! Haha!

Posted by newbie2y > 2 months ago | Report Abuse

for those who are interested, this is the presentation slides for investors briefing- https://mpind.my/wp-content/uploads/2024/02/MPI-Detailed-investor-presentation-Q2-FY24_210224.pdf

Posted by JettLeong > 2 months ago | Report Abuse

Great improvement on MPI's quarter results. To collect it at RM25 is very hard now

Posted by gooman > 2 months ago | Report Abuse

Analysts upbeat on MPI's outlook driven by strong market operations
https://theedgemalaysia.com/node/701856

Posted by JettLeong > 2 months ago | Report Abuse

It seems like it will go back up to RM30

Posted by gooman > 1 month ago | Report Abuse

Global semicon sales rose 15.2% y-o-y in January to US$47.6 billion, says SIA
https://theedgemalaysia.com/node/703422

Posted by James_Bond > 1 month ago | Report Abuse

Go go go MPI, one of tech company in Malaysia related to AI theme!

Posted by James_Bond > 1 month ago | Report Abuse

Congrats my comrades! Haha! We r laughing to the bank!

Posted by pang72 > 1 month ago | Report Abuse

:)

Posted by pang72 > 1 month ago | Report Abuse

https://www.orientaldaily.com.my/news/business/2024/03/12/636863

Posted by gooman > 1 month ago | Report Abuse

Semiconductor sector poised for recovery, riding on AI wave: Rakuten Trade
https://thesun.my/business/semiconductor-sector-poised-for-recovery-riding-on-ai-wave-rakuten-trade-HA12211611

Posted by gooman > 1 month ago | Report Abuse

FT: Amid US-China trade war, neutral Malaysia ‘surprise’ choice for global semiconductor industry

KUALA LUMPUR, March 11— Malaysia has reportedly emerged as an unexpected destination for the global semiconductor industry, inching out the conventional favourite China amid companies’ bid to protect its geopolitical interests.

United Kingdom-based business newspaper Financial Times reported that dozens of companies have set up operations in Peninsular Malaysia in the last 18 months, especially in Penang, such as American chip giants Micron and Intel, European semiconductor companies AMS Osram and Infineon, and Suzhou-based Fengshi Metal Technology.

“It’s a rush. It’s not only Chinese companies [setting up in Penang]. It’s Korean, it’s Japanese, and it is Western.
https://www.malaymail.com/news/money/2024/03/11/ft-amid-us-china-trade-war-neutral-malaysia-surprise-choice-for-global-semiconductor-industry/122820

Posted by JettLeong > 1 month ago | Report Abuse

Heading towards RM30 by this Friday

Posted by swissvillage > 1 month ago | Report Abuse

US stocks, tech draw record inflows in latest week - Barclays

LONDON, March 15 (Reuters) - Equity funds drew $56.4 billion of inflows in the latest week, driven by record inflows to both U.S. and technology funds, Barclays said in a note on Friday, citing data from EPFR.

Globally, all equity sectors saw inflows, with tech attracting the most on record at $22 billion, while healthcare and financials drew inflows of around $7 billion each, Barclays said.

Posted by swissvillage > 1 month ago | Report Abuse

Why is Malaysia becoming the "center of AI manufacturing"? The aim of NVIDIA CEO Jensen Huang

NVIDIA, having surpassed Google and Amazon in market capitalization, is part of the Magnificent 7, attracting global attention to its investment trends. A significant recent investment by the company is in Malaysia. In December 2023, NVIDIA CEO Jensen Huang visited Malaysia and pointed out the country's potential to become a manufacturing hub in the AI sector. He also reported plans to collaborate with the country's conglomerates on building supercomputers and developing large-scale language models. This article explores why Malaysia is gaining attention in the semiconductor and AI sectors.

Huang highly values Malaysia's potential
With NVIDIA surpassing Google and Amazon in market capitalization, interest in the company's development and investment trends has increased.

One of the recent highlights regarding NVIDIA is the expansion of its investment in Malaysia.

In December 2023, during his visit to Malaysia, NVIDIA CEO Jensen Huang stated the country has the potential to become a "manufacturing hub" in the AI sector. This statement suggested an expansion of investment in Malaysia, drawing significant media attention.

Posted by swissvillage > 1 month ago | Report Abuse

Regarding this, Reuters reported on December 8 that NVIDIA is negotiating a partnership with the local conglomerate YTL for an AI infrastructure construction project in Malaysia, with the total investment amounting to $4.3 billion.

The project involves hosting AI infrastructure, including supercomputers and cloud computing, at YTL's data center in Johor, southern Malaysia. According to YTL, the first phase is expected to be completed by mid-2024, with operations starting then.

YTL, founded in Malaysia in 1955, is a conglomerate at the core of infrastructure business. It handles utilities (electricity, gas, water), high-speed rail, cement, construction, real estate, hotels, resorts, and also engages in digital technology-related businesses such as data centers and digital banking. The partnership with NVIDIA is expected to further strengthen its presence in the digital domain.

YTL, which also operates a resort business in Hokkaido Niseko and is listed on the Tokyo Stock Exchange, has strong ties with Japan.

The operational partner in the NVIDIA collaboration project is YTL Power International, a subsidiary of YTL. YTL Power revealed plans to build Malaysia's fastest supercomputer using NVIDIA's AI chips and to develop a large-scale language model specialized in the Malay language by utilizing NVIDIA's AI cloud computing.

CEO Huang stated, "Malaysia is a country with the necessary land, facilities, and power for computing infrastructure, becoming an important hub in Southeast Asia. YTL will play a significant role," highlighting the country's potential in the AI sector.

Malaysian Prime Minister Anwar Ibrahim also mentioned the NVIDIA and YTL partnership on X (formerly Twitter), revealing that the investment scale would reach 20 billion Ringgit (about $4.3 billion).

Intel built Malaysia's semiconductor manufacturing base
Malaysia's population is about 34 million. According to IMF estimates, the country's nominal GDP is $465.5 billion, with a per capita GDP exceeding $13,000. In the Association of Southeast Asian Nations (ASEAN), this per capita GDP ranks third after Singapore's $91,000 and Brunei's $35,000.

Malaysia, having absorbed Japanese automotive industry technology and created its own manufacturers, is a country with high manufacturing technology within ASEAN. This technological prowess is also applied to the semiconductor field, making it an important presence in the global semiconductor market supply chain.

Intel laid the foundation for the country's semiconductor sector.

In 1972, Intel established its first offshore assembly and testing site in Penang Island, Malaysia. Since then, it has expanded its base to the Kulim district on the opposite shore of Penang Island, investing over half a century. The cumulative investment amount exceeds $5 billion, with the momentum of investment expected to accelerate further over the next decade.

In 2021, Intel announced plans to invest $7 billion in Malaysia over the next decade to upgrade its semiconductor manufacturing capacity, including establishing advanced packaging facilities and 3D chip packaging facilities.

Besides Intel, various semiconductor companies have invested in Malaysia, making semiconductors a significant part of the Malaysian economy.

According to ASEAN Briefing (January 26, 2024), the semiconductor industry contributes 25% to Malaysia's GDP, holding a 13% global share in semiconductor packaging, assembly, and testing services. Additionally, semiconductor exports rank sixth in the world.

Entering the 1990s, the rise of South Korea's Samsung and Taiwan's TSMC diminished Malaysia's presence in the semiconductor market. However, recent intensification of US-China trade tensions has once again raised interest in Malaysia.

Posted by swissvillage > 1 month ago | Report Abuse

YTL Power develops one of world's best advanced supercomputers
https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-03-19-story-h-185711851-YTL_Power_develops_one_of_world_s_best_advanced_supercomputers

Posted by swissvillage > 1 month ago | Report Abuse

PHLX Semiconductor (^SOX) was up 1.6% yesterday.

Posted by swissvillage > 1 month ago |

Post removed.Why?

Posted by gooman > 1 month ago | Report Abuse

Tech Fund Beating 99% of Peers Says AI Rally Is Just Starting
Valuation levels still look reasonable, Tony Wang says
Fund manager finds better opportunities outside of China
https://www.bloomberg.com/news/articles/2024-03-21/tech-fund-beating-99-of-peers-says-ai-rally-is-just-starting

Posted by gooman > 1 month ago | Report Abuse

From Zurich to London to Washington, the great inflation scare that gripped the world economy after the pandemic is suddenly no longer keeping central bankers up at night.

Their confidence that raging consumer prices have been tamed is such that the Federal Reserve just defied recent data to keep projecting three interest-rate cuts this year
https://www.bloomberg.com/news/articles/2024-03-21/rate-cuts-latest-inflation-scare-fades-as-snb-leads-way-for-fed-ecb-boe

Posted by gooman > 1 month ago | Report Abuse

Malaysia has secured potential investments from companies such as global semiconductor company Nexperia and X-Fab from the Ministry of Investment, Trade and Industry’s (MITI) recent trip to Germany and France.

These potential investments are reportedly worth RM46 billion and will boost potential Malaysian exports by RM2.4 billion.
https://www.marketing-interactive.com/miti-investments-germany-france-local-brands-succeed-internationally

Posted by JettLeong > 1 month ago | Report Abuse

need more power for MPI to break through Rm30 ..

Posted by gooman > 1 month ago | Report Abuse

PHLX Semiconductor (^SOX) was up 2.29% yesterday..

Posted by JettLeong > 1 month ago | Report Abuse

Finally, it breaks RM30 ! Yessss

Posted by gooman > 1 month ago | Report Abuse

Iron Ore Holds Best Weekly Gain Since September on China Outlook
Iron ore held its largest weekly advance in six months on quietly increasing optimism over the chances of an economic recovery in top consumer China.
https://www.bloomberg.com/news/articles/2024-03-25/iron-ore-holds-best-weekly-gain-since-september-on-china-outlook

Posted by pang72 > 1 month ago | Report Abuse

https://www.chinapress.com.my/20240401/%e8%82%a1%e4%bb%b7%e7%bf%bb%e5%80%8d-%e5%b8%82%e5%80%bc%e7%a0%b4%e5%8d%83%e4%ba%bf-%e6%99%b6%e7%89%87%e7%95%8c%e5%8f%88%e7%8e%b0%e6%96%b0%e8%b5%a2%e5%ae%b6%ef%bc%81/

Semiconductor near historical high!

Posted by monetary > 1 month ago | Report Abuse

Sold half. Pls continues going up. Hehe.....

Posted by JettLeong > 1 month ago | Report Abuse

@monetary. wah, you must entered it when it fell to around Rm26 there, right?

Posted by gooman > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/04/02/semiconductor-sectoron-a-new-upcycle

Posted by JettLeong > 4 weeks ago | Report Abuse

On the way to 1-year high price, it seem like

Posted by gooman > 3 weeks ago | Report Abuse

Samsung: Tech giant sees profits jump by more than 900%
https://www.bbc.com/news/business-68738046

Posted by gooman > 3 weeks ago | Report Abuse

Semiconductor sales up 16.3% to USD 46.2bn in February
The global chip market has just enjoyed its best year-on-year market growth since May 2022, says the Semiconductor Industry Association.
https://evertiq.com/news/55508

Posted by gooman > 3 weeks ago | Report Abuse

Top picks. MPI and Unisem are the Top Picks for exposure to the sector recovery, given the exposures to the growing demand for power management integrated circuits (ICs) and diverse end applications. Besides, recovery in China’s semiconductor space following two lacklustre years will help to boost of its utilisation rate and economies of scale at their existing plants in China. They also stand to benefit from US-China trade tensions in both of their plants in Malaysia as a neutral ground, as well as from China’s self-sustaining policies.
https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-04-01-story-h-184755715-Technology_Positioning_for_the_New_Upcycle_U_G_OVERWEIGHT

Posted by gooman > 3 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/04/09/robust-sales-expected-for-technology-sector

Posted by JettLeong > 3 weeks ago | Report Abuse

Great, semicon is back. Let's see how high this MPI can go up

Posted by gooman > 2 weeks ago | Report Abuse

China's EV-powered auto sales rebound, refreshing quarterly high
https://asia.nikkei.com/Business/Automobiles/China-s-EV-powered-auto-sales-rebound-refreshing-quarterly-high

Posted by tahansan > 1 week ago | Report Abuse

EPF 开始购买了..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3440236

Posted by Ron90 > 1 week ago | Report Abuse

ridiculous PE for most of semicon counter, mpi (over 100x), unisem (70x), vitrox (55x), frontken (54x), etc... all above 50x !!.. those only deal with hardware production, not like apps or software which could exponentially grow... huhu.

Posted by JettLeong > 1 week ago | Report Abuse

Then better to avoid chasing high, Ron90, otherwise will kena cut chives 😁

Posted by Ron90 > 1 week ago | Report Abuse

reality check.. this counter with only roughly 100m profit this year, should only price at $14.00 !!..(PE 30x). loong gone where profit was $327 (2022) to justify price above $50.

current price pure speculative and bull$hit!.. PE 60x - 100x !!.
I guess IB stuck big time at this counter and they control the price.. only 210 milllion shares available and few million in circullation. With H0ng Le0ng and MP1 hold 60% shares, no wonder valuation of h0ng le0ng so big.. must be olso include ridiculous mark up price in this company.. which only generate about 100m per year profit.

Posted by gooman > 6 days ago | Report Abuse

Malaysian chip-focused venture fund to invest in over 10 startups
https://asia.nikkei.com/Business/Startups/Malaysian-chip-focused-venture-fund-to-invest-in-over-10-startups

Posted by gooman > 6 days ago | Report Abuse

3 Chinese semiconductor firms keen to invest US$100mil in Penang
https://www.freemalaysiatoday.com/category/nation/2024/04/27/3-chinese-semiconductor-firms-keen-to-invest-us100mil-in-penang/

Posted by gooman > 6 days ago | Report Abuse

Yellen Optimistic on US Economy Amidst Inflation Concerns
https://todaysecommerce.com/2024/04/yellen-optimistic-on-us-economy-amidst-inflation-concerns/