$CIMB (1023.MY)$
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Mooers, did $Advanced Micro Devices (AMD.US)$'s Q2 results strike your expectations? $Advanced Micro Devices (AMD.US)$ exceeded Q2 revenue and profit expectations, boosting market confidence in its chips.
In the fiscal second quarter of 2024, $Advanced Micro Devices (AMD.US)$'s revenue increased by 9% YoY to $5.8 billion, with 48% coming from data center business, 26% from client chip business, and 26% from gaming and embedded ...

Today, glove stocks once again become the most handsome guys on the market.
The main reason is that the United States has escalated the trade war to a new level.
Yesterday evening,
The White House announced the latest round of import tariffs on Chinese products, significantly increasing the import tariffs on specific products from China. The products involved are as follows:
1. Steel and aluminum (increasing from 0-7.5% to 25% in 2024)
2. Semiconductors (increasing from 25% to 50% in 2025)
3. Electric vehicles (increasing from 25% to 100% in 2024)
4. Lithium-ion batteries (increasing from 7.5% to 25% in 2024)
5. Electric vehicle battery components (increasing from 7.5% to 25% in 2024)
6. Solar energy batteries (increasing from 25% to 50% in 2024)
10. Medical injectors and needles (increasing from 0% to 50% in 2024)
7. Personal protective equipment, including certain respirators and masks (increasing from 0-7.5% to 25% in 2024)
8. Rubber medical and surgical gloves (increasing from 7.5% to 25% in 2026)
This measure,
Besides nominally encouraging the localization of American products,
is also expected to make American importers,
Shift the source of imported products to Southeast Asian countries / countries in South America.
In concept,
The areas of the Malaysian stock market that benefit are as follows:
1. Aluminum alloy product manufacturers (extrusion/casting)
$LBALUM (9326.MY)$ $PA (7225.MY)$ $PMETAL (8869.MY)$
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