https://www.malaymail.com/amp/news/money/2024/06/20/miti-malaysias-trade-in-may-grows-103pc-y-o-y-to-rm24631b-hits-20-month-high/140603

https://www.thestar.com.my/business/business-news/2024/06/20/dnex-expanding-technology-customer-base

Computer Industry Joins NVIDIA to Build AI Factories and Data Centers for the Next Industrial Revolution
https://nvidianews.nvidia.com/news/computer-industry-ai-factories-data-centers

Singapore looks to boost AI with plans for quantum computing and data centers
https://www.zdnet.com/article/singapore-looks-to-ai-future-with-plans-for-quantum-chip-and-data-centers/#google_vignette

MAA: Malaysia's new vehicle sales up 21% in April

AI is driving a global boom in data center construction!

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

Zafrul: ByteDance planning RM10b investment to make Malaysia a regional AI hub

Taking into consideration future requirements, Tengku Zafrul said, the company also plans to expand the data centre facility with an additional investment of RM1.5 billion.

ByteDance plans to invest in AI to turn Malaysia into an regional AI hub with a proposed investment of about RM10 bil - https://theedgemalaysia.com/node/714621

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

https://www.thestar.com.my/business/business-news/2024/06/07/growth-potential-in-genetec

Malaysia's property market to be stable in 2024 with sustained growth over next 3 years - Nga - https://www.thestar.com.my/business/business-news/2024/06/06/malaysia039s-property-market-to-be-stable-in-2024-with-sustained-growth-over-next-3-years---nga

European Central Bank cuts main interest rate by 0.25 points
ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England

European Central Bank cuts main interest rate by 0.25 points
ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England

https://amp.theguardian.com/business/article/2024/jun/06/european-central-bank-cuts-main-interest-rate

China’s Big Chip Fund to Exceed $47.5 Billion Goal, Adviser Says

The investment vehicle operates under longer 10-year timeframe
Beijing is trying to build a world-class semiconductor sector
https://www.bloomberg.com/news/articles/2024-06-06/china-s-big-chip-fund-to-exceed-47-5-billion-goal-adviser-says

China’s Big Chip Fund to Exceed $47.5 Billion Goal, Adviser Says

The investment vehicle operates under longer 10-year timeframe
Beijing is trying to build a world-class semiconductor sector
https://www.bloomberg.com/news/articles/2024-06-06/china-s-big-chip-fund-to-exceed-47-5-billion-goal-adviser-says

FBM KLCI pushes on as more US data points to rate cuts - https://www.thestar.com.my/business/business-news/2024/06/06/fbm-klci-pushes-on-as-more-us-data-points-to-rate-cuts

JLL Malaysia anticipates more data centre developments across Malaysia due to rising demand - https://theedgemalaysia.com/node/714408

PHLX Semiconductor (^SOX) was up 4.52 percent yesterday..

DNeX and Theta Edge in two-horse race for NIISe project

Genetec anticipates increasing demand for its automation solutions
https://www.thestar.com.my/business/business-news/2024/05/28/genetec-anticipates-increasing-demand-for-its-automation-solutions

Strong oil prices to buoy upstream O&G companies
https://www.thestar.com.my/business/business-news/2024/05/27/strong-oil-prices-to-buoy-upstream-og-companies

https://www.bloomberg.com/news/articles/2024-05-28/copper-resumes-gains-on-china-property-boost-weaker-dollar?embedded-checkout=true

Copper Resumes Gains as China Property Measures Boost Sentiment

Metal’s rally has further to run: China Industrial Futures
UBS analysts see further tightening of copper fundamentals
https://www.bloomberg.com/news/articles/2024-05-28/copper-resumes-gains-on-china-property-boost-weaker-dollar?embedded-checkout=true

Copper Resumes Gains as China Property Measures Boost Sentiment

Metal’s rally has further to run: China Industrial Futures
UBS analysts see further tightening of copper fundamentals
https://www.bloomberg.com/news/articles/2024-05-28/copper-resumes-gains-on-china-property-boost-weaker-dollar?embedded-checkout=true

JHM Consolidation - Low Utilisation Due to Production Hiatus; Stay BUY
https://klse.i3investor.com/web/pricetarget/research/71507

China sets up third fund with $47.5 bln to boost semiconductor sector
https://www.reuters.com/technology/china-sets-up-475-bln-state-fund-boost-semiconductor-industry-2024-05-27/
Chinese chip shares rose, with the CES CN Semiconductor Index (.CSI990001), opens new tab rallying more than 3% and set to log the biggest one-day gain in more than a month

China sets up third fund with $47.5 bln to boost semiconductor sector
https://www.reuters.com/technology/china-sets-up-475-bln-state-fund-boost-semiconductor-industry-2024-05-27/
Chinese chip shares rose, with the CES CN Semiconductor Index (.CSI990001), opens new tab rallying more than 3% and set to log the biggest one-day gain in more than a month.

Chinese chip shares rose, with the CES CN Semiconductor Index (.CSI990001), opens new tab rallying more than 3% and set to log the biggest one-day gain in more than a month.

China sets up third fund with $47.5 bln to boost semiconductor sector
https://www.reuters.com/technology/china-sets-up-475-bln-state-fund-boost-semiconductor-industry-2024-05-27/

The Chinese government has launched a new national semiconductor fund, it was revealed on the 27th of May..With a capital of 344 billion yuan, it is the largest to date. As the United States strengthens its containment policy against China over semiconductors essential for artificial intelligence (AI), China is hastening to build its own supply chain in response.

China's industrial profits return to growth in April; auto sector contributed 8% in country's GDP
https://auto.economictimes.indiatimes.com/amp/news/industry/chinas-industrial-profits-return-to-growth-in-april-auto-sector-contributed-8-in-countrys-gdp/110453837

PHLX Semiconductor Index
was down 0.02percent yesterday.

https://www.marketwatch.com/investing/index/sox

KUALA LUMPUR (May 15): Shares of Malaysian glove manufacturers surged on Wednesday after the US announced a slew of major tariff hikes on a wide range of Chinese imports including medical and surgical gloves. Tariffs on rubber medical and surgical gloves will jump to 25% from 7.5% in 2026.

Following the latest analyst upgrades, MPI now has four “buy” calls with target prices ranging from RM37.70 to RM43.00, out of seven research houses covering the stock, according to Bloomberg.

https://www.thestar.com.my/business/business-news/2024/05/13/globetronics-counts-on-upgraded-capabilities

https://m.malaysiastock.biz/Blog/BlogArticle.aspx?tid=27399

TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips

Results signal a recovery in the consumer electronics sector
TSMC’s board approved a cash dividend of NT$4 per share
https://www.bloomberg.com/news/articles/2024-05-10/tsmc-keeps-sales-growth-up-in-april-as-ai-drives-60-jump?embedded-checkout=true

TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips

Results signal a recovery in the consumer electronics sector
TSMC’s board approved a cash dividend of NT$4 per share
https://www.bloomberg.com/news/articles/2024-05-10/tsmc-keeps-sales-growth-up-in-april-as-ai-drives-60-jump?embedded-checkout=true

TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips

Results signal a recovery in the consumer electronics sector
TSMC’s board approved a cash dividend of NT$4 per share
https://www.bloomberg.com/news/articles/2024-05-10/tsmc-keeps-sales-growth-up-in-april-as-ai-drives-60-jump?embedded-checkout=true

TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips

Results signal a recovery in the consumer electronics sector
TSMC’s board approved a cash dividend of NT$4 per share
https://www.bloomberg.com/news/articles/2024-05-10/tsmc-keeps-sales-growth-up-in-april-as-ai-drives-60-jump?embedded-checkout=true

Globetronics surges to one-month high as analysts project strong outlook for 2HFY2024

https://theedgemalaysia.com/node/711064

https://www.thestar.com.my/business/business-news/2024/05/08/dufu-sees-rise-in-global-semiconductor-sales-and-memory-sector