$Advanced Micro Devices(AMD.US)$ share prices had been falling since Mar 2024, from nearly USD230 to about USD140 within 2 months. Not all chip players move like $NVIDIA(NVDA.US)$ i supposed.
AMD's gaming solutions revenue decreased by 48% year-over-year in the first quarter of 2024 as sales of the company's processors for $Sony(SONY.US)$ 's and $Microsoft(MSFT.US)$ 's game consoles declined and demand for Radeon discrete graphics cards lessened. The company ...

Apple concept stock. Breakout.
$AAC TECH(02018.HK)$

For data center messaging: Apple develops its own AI chip
According to some sources, $Apple(AAPL.US)$Apple is currently developing its own artificial intelligence chips for data centers, but it is unclear when or whether they will launch them.
As soon as the news came out, it drove Apple's stock price higher after the market, but there was little upward momentum.
The Wall Street Journal quoted people familiar with the matter as reporting that Apple has used self-developed chips in iPhones, Macs, and other devices, and artificial intelligence chips for data centers will be carried out on this basis.
The report said that the project is codenamed ACDC within the company.
Apple's stock price rose 1.2% after trading on Monday. By the close, the stock had a cumulative decline of 5.6% this year. Apple representatives have yet to respond to requests for comment.
If Apple could push ahead with the development of its own server processors, it would be similar to what some of the biggest tech companies are doing.
$Amazon(AMZN.US)$AWS, owned by Amazon $Alphabet-A(GOOGL.US)$Google, $Microsoft(MSFT.US)$Microsoft and $Meta Platforms(META.US)$The data centers operated by Meta Platforms all use semiconductors of their own design to a certain extent, right $Intel(INTC.US)$Intel's traditional dominance in this field has had an impact.
Source: Nanyang Siang Pao
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Lianxi Holdings' stock price reached a new high this morning. At one point, it surged nearly 20%
Lianxi Holdings (RANHILL, 5272, Main Board Utilities) $RANHILL(5272.MY)$The stock price surged nearly 20% this morning, and once climbed to RM1.42, a new record high.
$RANHILL(5272.MY)$
When the market closed at 12:30 p.m., the stock was reported at RM1.40, surging 17.65% or 21 cents, with a trading volume of 26.803,900 shares.
The stock price of Lianxi Holdings has soared 56% so far this year.
$RANHILL(5272.MY)$
Lianxi Holdings just announced stock dividends last week. Shareholders will receive 0.5 shares as dividends for every 100 shares they hold.
Looking back at the beginning of November last year, Yang Zhongli Electric Power $YTLPOWR(6742.MY)$Lien Xi Holdings acquired 18.87% of its shares and emerged as a major shareholder.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.

Bursa Malaysia's market capitalisation hit RM2 trillion for first time ever, $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ at two-year high!

Magnificient Seven Series
Google parent Alphabet's $Alphabet-C(GOOG.US)$ $Alphabet-A(GOOGL.US)$ market cap hit higher than USD2 trillion on last Friday following its outstanding QR, which is above expectation, according to Yahoo finance yahoo.com/news/...
The revenue is contributed by the cloud revenue, which jumped about 28% with strong growth in Google Workspace, where the Alphabet unit offers a slew of AI features powered by its large language ...