According to government data compiled by Bloomberg, China continues to import semiconductor equipment at a record setting pace, with most orders coming from older generation machines. Due to its criticality in enabling advanced industries such as artificial intelligence and supercomputing, semiconductor equipment has become one of the most scrutinized industrial machinery in the world.
MPI said revenue for its Asia market segment increased by 18% year-on-year while the same for its Europe market segment was up 13%. Meanwhile, revenue for its US market fell 11% compared to last year.
The main segment is electric car, not domestic is overseas...the reason of reason drop is MYR strengthen, which affect their earning..now USD/MYR is in 4.15 range, how much more can strengthen for MYR do you think ? 3.80 ? Msia government still nothing great coming out..
need to monitor the yen carry trade, if jpn raise rate, there will be unwinding. fund will all back to US strengthen USD, but of course will route the share market..another is the war, also favour USD as safe heaven.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gooman
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ASML, AMAT Among Firms That Sold Record $26 Billion Chip Equipment To China Through July
https://wccftech.com/asml-amat-among-firms-that-sold-record-26-billion-chip-equipment-to-china-through-july/amp/