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Trump's Surprise Tariffs Just Crushed Japan's Stocks, Yen And More (CORRECTED)
Monday, July 7, 2025 - 6:10pm | 680Correction: The current prime minister of Japan is Shigeru Ishiba, not Fumio Kishida. The U.S. dollar is notching its strongest one-day gain against the Japanese yen in nearly two months as traders react to President Donald Trump's sweeping new tariffs targeting multiple U.S. trading partners....
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US Plans To Restrict AI Chip Exports to Malaysia, Thailand To Curb Diversion to China
Sunday, July 6, 2025 - 2:01pm | 405In a bid to curb semiconductor smuggling into China, the US government is considering restrictions on the export of AI chips, including those produced by Nvidia Corp. (NASDAQ:NVDA), to Malaysia and Thailand. What Happened: According to a report, a draft rule from the Commerce ...
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Malaysia Refuses To Pick Sides In US-China Tech War, Vows To Work With Both: 'We Choose What Is Best...'
Wednesday, May 28, 2025 - 8:29am | 641Malaysia has made it clear that it will not be picking sides in the ongoing tech war between the U.S. and China. The country’s Minister of Home Affairs, Saifuddin Nasution bin Ismail, emphasized that Malaysia will continue to work with both superpowers. What Happened: Saifuddin, speaking at...
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Nvidia Chip Flows Under Scrutiny As Malaysia Moves To Tighten Regulations Amid US Export Controls On China
Monday, March 24, 2025 - 3:43am | 527Malaysia plans to strengthen semiconductor regulations following U.S. demands to monitor the movement of high-end NVIDIA Corp. (NASDAQ:NVDA) chips amid suspicions they’re being illicitly diverted to China, violating U.S. export controls. What Happened: Malaysian Trade Minister Zafrul Aziz...
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Microsoft To Launch Malaysia's First Cloud Region With Three Data Centers
Thursday, March 20, 2025 - 8:27am | 473Microsoft Corp (NASDAQ:MSFT) is establishing Malaysia West cloud region, its first cloud region in the country. Scheduled to open in the second quarter of 2025, it is located in Greater Kuala Lumpur. This new facility will feature three availability zones, offering businesses better performance,...
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Arm Strikes $250 Million Deal With Malaysia To Boost Chip Design And Tech Ecosystem
Wednesday, March 5, 2025 - 9:29am | 611Arm Holdings–ADR (NASDAQ:ARM), a subsidiary of SoftBank Group Corp. (OTC:SFTBY), has entered into a $250 million agreement with Malaysia to supply chip designs and technology for the next ten years. What Happened: “We have always wanted to move from the back-end — which is on...
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Nvidia Chip Fraud Probe: Malaysia Vows 'Necessary Action' But Admits 'We Don't Know' Where Servers Went
Tuesday, March 4, 2025 - 6:12am | 484Malaysian Trade Minister Tengku Zafrul Aziz said Tuesday the country will take “necessary action” against Malaysian companies if they’re implicated in a fraud case involving Nvidia Corp. (NASDAQ:NVDA) chips allegedly routed from Singapore. What Happened: “Right now, there...
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Enovix Shares Are Moving Higher After The Bell: What's Going On?
Monday, January 6, 2025 - 6:23pm | 519Enovix Corp (NASDAQ:ENVX) shares are rising in extended trading Monday after the company announced the completion of site acceptance testing for its Fab2 in Malaysia. What Happened: Enovix said it completed site acceptance testing for its high-volume manufacturing line at Fab2 in late...
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Malaysia Announces National Cloud Policy And AI Regulations As Google Breaks Ground On Its New $2B Data Center
Tuesday, October 1, 2024 - 1:49am | 748Malaysia’s Prime Minister Anwar Ibrahim announced the introduction of a national cloud policy and artificial intelligence regulations on Tuesday, coinciding with significant investments by global tech giants in the country. What Happened: The announcement coincides with a surge of investments...
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Elon Musk's X, Mark Zuckerberg-Owned Facebook, And TikTok Face Stricter Regulations As Malaysia And Singapore Tighten Oversight On Social Media To Combat Online Scams
Wednesday, July 24, 2024 - 1:39am | 686Malaysia and Singapore are intensifying their regulation of social media and online marketplaces to tackle the rise in online scams and protect minors. What Happened: Malaysia will require platforms like Meta Platforms Inc. (NASDAQ:META) owned Facebook, Elon Musk‘s X, and ByteDance-owned...
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Chinese Developer's $100B Malaysian Ghost Town Has A New Purpose: Filming Location For Reality Shows And Documentaries Like Netflix's 'The Mole'
Tuesday, July 2, 2024 - 8:44am | 425In a surprising turn of events, the Forest City, a $100 billion ghost town in Malaysia, has found a new purpose as a filming location for reality shows and documentaries. What Happened: The deserted city, located near the western border of Singapore, was used as a set for an episode of Netflix Inc...
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Micron Technology Plans Major US Expansion And Eyes Malaysia For HBM Production To Compete With SK Hynix And Samsung: Report
Wednesday, June 19, 2024 - 10:26pm | 719In a bid to compete with South Korean rivals, Micron Technology Inc. (NASDAQ:MU) is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia. What Happened: Micron, the leading U.S. memory chip maker, is constructing...
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Google Pledges $2B For Data Centre And Cloud Services In Malaysia
Thursday, May 30, 2024 - 4:23am | 524Google by Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), has declared a $2 billion investment plan to establish its inaugural data center and Google Cloud region in Malaysia. What Happened: This initiative is the latest in a series of expansions by tech giants into Southeast Asia, home to a young, tech-...
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Microsoft Commits $2.2B Investment In Malaysia's Cloud And AI Services, Largest In 32 Years
Thursday, May 2, 2024 - 3:00am | 489Microsoft Corp (NASDAQ:MSFT) has announced a $2.2 billion investment in Malaysia’s cloud and artificial intelligence (AI) services over the next four years. What Happened: Microsoft’s investment is its largest in Malaysia in 32 years. The investment will be used to expand cloud and AI...
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Can China-US Tensions Propel This Country With A Rich Semiconductor Heritage As The Next Chip Superpower?
Wednesday, April 3, 2024 - 11:05pm | 819In the middle of an escalating U.S.-China tech war, Malaysia has become a significant hub for semiconductor manufacturing, attracting major global players. What Happened: As the U.S.-China tech war intensifies, Malaysia has emerged as a critical location for semiconductor manufacturing. The country...