Posted by JettLeong > 2023-12-26 11:13 | Report Abuse

Don't know FED will follow Mr. Market's expectation and cut the rate down next year ...

Posted by gooman > 2023-12-28 20:03 | Report Abuse

South Korea Chip Output Jumps in Sign of Returning Global Demand
https://news.bloomberglaw.com/tech-and-telecom-law/south-korea-chip-output-jumps-in-sign-of-returning-global-demand

Posted by gooman > 2024-01-03 12:18 | Report Abuse

China Injects $50 Billion Into Policy Banks in Stimulus Push

Net injection marks largest increase via tool since Nov. 2022
Controversial PSL program used heavily between 2014 and 2019
https://www.bloomberg.com/news/articles/2024-01-02/china-injects-50-billion-into-policy-banks-in-financing-push

Posted by JettLeong > 2024-01-04 10:28 | Report Abuse

ICYMI, MPI ceases leadframe manufacturing after 49 years

https://theedgemalaysia.com/node/692948

Posted by gooman > 2024-01-06 15:47 | Report Abuse

Yellen Declares US Economy Has Achieved Soft Landing
Real wage increases mean American workers ‘getting ahead’
Treasury Secretary Janet Yellen speaks in televised interview
https://www.bloomberg.com/news/articles/2024-01-05/yellen-declares-us-economy-has-achieved-soft-landing

Posted by gooman > 2024-01-20 20:42 | Report Abuse

S&P 500 notches 1st record high close in 2 years on AI bets
https://asia.nikkei.com/Business/Markets/S-P-500-notches-1st-record-high-close-in-2-years-on-AI-bets

Posted by JettLeong > 2024-01-22 15:16 | Report Abuse

Blue chips, tech give bullish lift to Bursa Malaysia.

https://www.thestar.com.my/business/business-news/2024/01/22/blue-chips-tech-give-bullish-lift-to-bursa-malaysia

Posted by JettLeong > 2024-01-24 09:29 | Report Abuse

Going to break RM30 again

Posted by gooman > 2024-01-31 10:12 | Report Abuse

Chinese analyst firm IC Wise predicts the domestic chip market will grow 12% in 2024 and the foundry market will rebound to 9% growth. It says much of the fresh demand will come from the auto sector and new energy, along with mobile phones and consumer electronics.
https://www.lightreading.com/semiconductors/china-chip-sector-eyes-return-to-growth#close-modal

Posted by JettLeong > 2024-01-31 14:56 | Report Abuse

Going south again ...
https://theedgemalaysia.com/node/699305

Posted by gooman > 2024-02-02 22:03 | Report Abuse

South Korea’s exports surge in January as chip sales recover
Exports rise for the fourth straight month
https://www.chosun.com/english/industry-en/2024/02/01/GSVMY6ZL5BH6JIYDMIXQM64EAM/

Posted by gooman > 2024-02-02 22:14 | Report Abuse

S.Korea exports rise for fourth month on surge in chip sales, China rebound
https://www.reuters.com/markets/asia/south-korea-jan-exports-rise-fourth-month-chip-sales-surge-2024-02-01/

Posted by gooman > 2024-02-03 16:15 | Report Abuse

UWC sets sights on next chip up cycle
https://theedgemalaysia.com/node/699673

Posted by gooman > 2024-02-04 11:24 | Report Abuse

Higher global demand to boost Malaysia's semiconductor exports
https://www.thestar.com.my/business/business-news/2024/01/30/higher-global-demand-to-boost-malaysia039s-semiconductor-exports

Posted by JettLeong > 2024-02-05 10:14 | Report Abuse

Come on, MPI. I am still waiting you at Rm25

Posted by gooman > 2024-02-05 23:04 | Report Abuse

The World’s Chip Industry Poised to Bounce Back After Tough 2023

Semiconductor Industry Association projects 13% rise in sales
https://www.bloomberg.com/news/articles/2024-02-05/chip-industry-is-poised-to-bounce-back-after-tough-2023

Posted by JettLeong > 2024-02-07 15:25 | Report Abuse

Only can queue above Rm26?

Posted by gooman > 2024-02-07 21:06 | Report Abuse

TSMC reports highest ever January sales
https://focustaiwan.tw/business/202402070009

Posted by JettLeong > 2024-02-08 16:25 | Report Abuse

wa, Uncle Quek was throwing consecutively. Need fund for CNY celebration ? 😄

Posted by gooman > 2024-02-10 14:11 | Report Abuse

Anwar-Lula phone call: Brazil interested in Malaysian semiconductors, invites PM to visit
https://www.thestar.com.my/news/nation/2024/02/10/anwar-lula-phone-call-brazil-interested-in-malaysian-semiconductors-invites-pm-to-visit

Posted by gooman > 2024-02-13 07:47 | Report Abuse

stock market reflects a view of the economy six months in advance

Posted by JettLeong > 2024-02-14 11:02 | Report Abuse

gooman

stock market reflects a view of the economy six months in advance

so MPI is on a downtrend?

Posted by James_Bond > 2024-02-16 12:05 | Report Abuse

MPI, I m back to hug you! Collected MPI these few days. Haha!

Posted by James_Bond > 2024-02-16 14:42 | Report Abuse

Go go go MPI! Haha!

Posted by James_Bond > 2024-02-16 15:44 | Report Abuse

Comrades, let’s Huat with MPI! Wakakaka!

Posted by James_Bond > 2024-02-16 16:16 | Report Abuse

Comrades, let’s hold the forts! Cheers!

Posted by gooman > 2024-02-19 09:32 | 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 > 2024-02-21 19:33 | Report Abuse

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

Posted by gooman > 2024-02-21 21:09 | Report Abuse

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

Posted by James_Bond > 2024-02-22 11:21 | Report Abuse

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

Posted by newbie2y > 2024-02-22 12:49 | 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 > 2024-02-22 20:39 | Report Abuse

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

Posted by gooman > 2024-02-23 18:32 | Report Abuse

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

Posted by JettLeong > 2024-02-23 19:44 | Report Abuse

It seems like it will go back up to RM30

Posted by gooman > 2024-03-05 08:08 | 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 > 2024-03-07 11:20 | Report Abuse

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

Posted by James_Bond > 2024-03-08 16:19 | Report Abuse

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

Posted by pang72 > 2024-03-08 17:24 | Report Abuse

:)

Posted by pang72 > 2024-03-12 18:37 | Report Abuse

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

Posted by gooman > 2024-03-13 21:16 | 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 > 2024-03-13 21:26 | 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 > 2024-03-14 11:02 | Report Abuse

Heading towards RM30 by this Friday

Posted by swissvillage > 2024-03-15 21:52 | 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 > 2024-03-20 18:09 | 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 > 2024-03-20 18:09 | 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 > 2024-03-20 18:18 | 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 > 2024-03-21 10:17 | Report Abuse

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

Posted by swissvillage > 2024-03-21 10:38 |

Post removed.Why?

Posted by gooman > 2024-03-21 19:11 | 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 > 2024-03-22 09:41 | 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