http://www.theedgemarkets.com/article/monthly-semiconductor-sales-expected-pick-towards-2q

China rebar price surged again!

http://www.sunsirs.com/uk/prodetail-927.html

USDMYR 3.9355

The Phlx semiconductor index was up 0.64% yesterday.

Apple's forecast for the current quarter "suggests that the iPhone business is becoming more stable, albeit at a lower growth rate," Munster said. "While investors will always have some anxiety regarding the quarterly iPhone number, the results and guidance suggest we've entered a period of greater visibility in the iPhone business."

Apple's forecast for the current quarter "suggests that the iPhone business is becoming more stable, albeit at a lower growth rate," Munster said. "While investors will always have some anxiety regarding the quarterly iPhone number, the results and guidance suggest we've entered a period of greater visibility in the iPhone business."

Global semicon sales up 20% to US$111.1 billion in 1Q2018, says SIA | http://www.klsescreener.com/v2/news/view/373121

https://www.bloomberg.com/news/articles/2018-04-25/nasdaq-100-rallies-after-hours-on-facebook-chipmaker-earnings

Nasdaq 100 Rallies After-Hours on Facebook, Chipmaker Earnings

Semiconductor stocks, the subject of much hand-wringing lately, were buoyed by a better-than-expected revenue forecast from AMD, which rallied 9 percent, and positive comments from Qualcomm on demand from China. Chipmakers Nvidia and Micron Technology also rose.

Nasdaq 100 Rallies After-Hours on Facebook, Chipmaker Earnings

https://www.bloomberg.com/news/articles/2018-04-25/nasdaq-100-rallies-after-hours-on-facebook-chipmaker-earnings

Semiconductor stocks, the subject of much hand-wringing lately, were buoyed by a better-than-expected revenue forecast from AMD, which rallied 9 percent, and positive comments from Qualcomm on demand from China. Chipmakers Nvidia and Micron Technology also rose.

Nasdaq 100 Rallies After-Hours on Facebook, Chipmaker Earnings
https://www.bloomberg.com/news/articles/2018-04-25/nasdaq-100-rallies-after-hours-on-facebook-chipmaker-earnings
Semiconductor stocks, the subject of much hand-wringing lately, were buoyed by a better-than-expected revenue forecast from AMD, which rallied 9 percent, and positive comments from Qualcomm on demand from China. Chipmakers Nvidia and Micron Technology also rose.

Nasdaq 100 Rallies After-Hours on Facebook, Chipmaker Earnings

Semiconductor stocks, the subject of much hand-wringing lately, were buoyed by a better-than-expected revenue forecast from AMD, which rallied 9 percent, and positive comments from Qualcomm on demand from China. Chipmakers Nvidia and Micron Technology also rose.

https://www.bloomberg.com/news/articles/2018-04-25/nasdaq-100-rallies-after-hours-on-facebook-chipmaker-earnings

Semiconductor Companies Showing Earnings Strength: Srinivasan https://www.bloomberg.com/news/audio/2018-04-25/semiconductor-companies-showing-earnings-strength-srinivasan

New Shifts In Automotive Design

Four big shifts in automotive design and usage are beginning to converge—electrification, increasing connectivity, autonomous driving and car sharing—creating a ripple effect across the automotive electronics supply chain.

Over the past few years the electronic content of cars and other vehicles has surged, with electrical systems replacing traditional mechanical and electro-mechanical subsystems. That has been a key driver for semiconductor growth, and autonomous vehicles are the poster child of this effort. But the emergence of this market also will result in profound technological and sociological changes.
https://semiengineering.com/confluence-of-automotive-trends-impacting-semi-design/

Samsung Begins Mass Production of 10nm-class 16Gb LPDDR4X DRAM for Automobiles
https://www.wvnews.com/newsfeed/business/samsung-begins-mass-production-of-nm-class-gb-lpddr-x/article_51313b40-a768-5173-ae3c-267d121cf5bc.html

Autonomous vehicles: The onset of level-three autonomous vehicles on the road is the next significant development for the semiconductor industry. Google’s Waymo aims to launch its autonomous ride-sharing service as early as 2018. Nvidia expects its Drive PX 2 platforms that deliver level-three autonomy to power some models of Toyota and Tesla. There could be some significant growth in Nvidia’s and Intel’s automotive revenue in 2018. Also, the consumption of electronic components for infotainment, safety, navigation and fuel efficiency has increased, which, in turn, will finally drive the demand for MCUs, analog ICs, and sensors.
https://www.businesswire.com/news/home/20180425005774/en/Top-Developments-Semiconductor-Industry-Infiniti-Research

China Invites Foreign Cash to Build a World-Class Chip Industry

Beijing takes foreign money for its second chip-sector fund
The surprise announcement comes as U.S.-China tensions simmer
https://www.bloomberg.com/news/articles/2018-04-25/china-invites-foreign-cash-to-build-a-world-class-chip-industry

TI profit tops estimates on automotive, industrial demand; shares rise
https://www.reuters.com/article/us-texas-instrument-results/ti-profit-tops-estimates-on-automotive-industrial-demand-shares-rise-idUSKBN1HV2P2

(Reuters) - Chipmaker Texas Instruments (TXN.O) topped Wall Street targets for first-quarter profit and gave a stronger-than-expected outlook for the second quarter, thanks to higher sales of semiconductors used in cars and industrial machinery.

I feel the management is not very good. Unisem is impacted most by strong ringgit among Malaysian semiconductor stocks.

Dow futures erase losses after strong Boeing results
Read more at https://www.channelnewsasia.com/news/business/dow-futures-erase-losses-after-strong-boeing-results-10175482

Kesm is the best Malaysian semiconductor stock

It focuses on automotive applications, not smart phones, and it hardly gets affected by strong ringgit.

Texas Instruments Gives Rosy Sales Forecast; Shares Jump

Industrial, automotive markets are leading growth in demand

Texas Instruments Inc., the largest maker of chips that help run most electronic devices, gave a quarterly sales and profit forecast that topped estimates, defusing concerns that orders are trailing off amid weaker demand across the semiconductor industry.
https://www.bloomberg.com/news/articles/2018-04-24/texas-instruments-gives-rosy-sales-profit-forecast-shares-jump

Today Lsteel was up 1.20%. CSCSTEL was up 0.75%.

Wow, China Rebar Price rebounded dramatically.

http://www.sunsirs.com/uk/prodetail-927.html

UPDATE 1-Shanghai rebar rises to nearly 7-week high on firmer demand
https://af.reuters.com/article/commoditiesNews/idAFL3N1S22SJ

April 25 (Reuters) - Chinese steel futures climbed to their highest in nearly seven weeks on Wednesday, supported by a sustained drop in inventories of the building material as seasonal demand gained steam.

Texas Instruments Gives Rosy Sales Forecast; Shares Jump

https://www.bloomberg.com/news/articles/2018-04-24/texas-instruments-gives-rosy-sales-profit-forecast-shares-jump

Texas Instruments Inc., the largest maker of chips that help run most electronic devices, gave a quarterly sales and profit forecast that topped estimates, defusing concerns that orders are trailing off amid weaker demand across the semiconductor industry.

Texas Instruments Gives Rosy Sales Forecast; Shares Jump
https://www.bloomberg.com/news/articles/2018-04-24/texas-instruments-gives-rosy-sales-profit-forecast-shares-jump

The worst scenario has been already priced in. Nothing to worry about.

Unisem has been always the worst semiconductor performer. Globetronics's QR was good.

China, Hong Kong stocks rally as Beijing vows to hit economic targets | http://www.klsescreener.com/v2/news/view/370321

Malaysian investors tend to overeact, so most semiconductor stocks have priced in the worst scenario. That's why you don't need to sell Kesm on this level.,

once a loser, always a loser. haha

Inari was up 8.82% on Tuesday. Some semiconductor stocks including KESM are oversold. Kesm may surge near future.

China's steel futures rises on declining inventories, spot prices hikes

China's steel rebar futures rose on Tuesday, almost matching a five-week high hit during previous session, as concerns over weak demand subsided amid declining inventories.
Construction steel rebar contracts for October delivery on the Shanghai Futures Exchange rose 1.9 percent from the previous session's close to 3,576 yuan ($566.34) a tonne as of GMT 0225. They peaked at 3,589 yuan a tonne, the highest since March 9, in early trade.
https://news.webindia123.com/news/articles/Asia/20180424/3328082.html

Shanghai steel hits 5-week high, coke jumps
https://www.businesstimes.com.sg/energy-commodities/shanghai-steel-hits-5-week-high-coke-jumps

Alcoa is an Aluminum stock.

Oversold. Buy!

Aluminum stocks fall as US considers easing sanctions on Russian company
http://money.cnn.com/2018/04/23/news/companies/aluminum-prices-russia/index.html

Shanghai steel hits 5-week high, coke jumps
https://www.businesstimes.com.sg/energy-commodities/shanghai-steel-hits-5-week-high-coke-jumps

I'm optimistic about Kesm. KESM has not shown bad QRs yet.

Semi-Conductor Peers Comparison @ 21st April 2018 - KESM, MPI, UNISEM, VITROX, INARI, GTRONIC - oldfriendsinvesting
https://klse.i3investor.com/blogs/kianweiaritcles/154709.jsp

Malaysia looks to widen tech exports in Germany

Some of the major items exported were machinery and parts mainly for the semiconductor industry, as well as heating and cooling equipment and parts.
https://themalaysianreserve.com/2018/04/23/malaysia-looks-to-widen-tech-exports-in-germany/

http://www.sunsirs.com/uk/prodetail-927.html

China Rebar Price

China AM: Futures jump following Shagang price hike
China’s ferrous futures soared across the board on Monday April 23, after major mill Shagang increased its steel prices over the weekend.
https://www.metalbulletin.com/Article/3802103/Carbon-steel/China-AM-Futures-jump-following-Shagang-price-hike.html

CHINA REBAR: Domestic prices rise further on recovery in futures market
China’s domestic rebar prices remained in an upward trend on Monday April 23 amid rebounding futures.
https://www.metalbulletin.com/Article/3802118/CHINA-REBAR-Domestic-prices-rise-further-on-recovery-in-futures-market.html

Compared to other steel stocks, the stock is oversold today considering no bad news.

People here can get affect the stock price only for a short time. Don't listen to them.

Rollout of big projects to drive steel industry in 2018 | http://www.klsescreener.com/v2/news/view/369607

Rollout of big projects to drive steel industry in 2018 | http://www.klsescreener.com/v2/news/view/369607

India will beat China in 2018 and 2019 with 7.4 percent and 7.8 percent growth respectively, says IMF
https://www.firstpost.com/business/india-will-beat-china-in-2018-and-2019-with-7-4-percent-and-7-8-percent-growth-respectively-says-imf-4435593.html