Technology Sector 02 (Jun 16 - Dec 25)

[behappyalways]

Will smart glasses eventually replace smartphones? | BBC News
https://m.youtube.com/watch?v=YbAHeZLE_XE

[winston]

M Stanley Estimates Trade-Related Risks May Lead to 20% Downside Among Asian Techs in ST

Due to trade-related risks, high valuations, and limited earnings growth potential, investors should cut their investment in Asian tech stocks and take profits, Bloomberg reported, citing a report from Morgan Stanley.

In Morgan Stanley's estimate, if additional tariffs are laid on computer chips and trade tensions escalate again, Asian tech stocks may face about a 20% downside in the short term.

In addition, current market earnings forecasts for Asian tech stocks are generally too high.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

Malaysia: Tech stocks lag global peers

By GANESHWARAN KANA

Ranked sixth in the world for semiconductor exports, Malaysia reportedly exports about 20% of its chips to the United States.

Malaysian technology counters are generally less exposed to AI-related themes.

Source: The Star

https://www.thestar.com.my/business/bus ... obal-peers

[behappyalways]

One injection doubles lifespan, Lu develops lithium battery

打一針壽命增1倍 陸研發鋰電池「逆齡」技術｜TVBS新聞 ‪@TVBSNEWS02‬

https://m.youtube.com/watch?v=CCEfD5uuj0E

[winston]

Malaysia - RHB cuts tech sector earnings amid volatile US trade policy that threatens capex, equipment demand

By Syafiqah Salim

The technology sector is currently trading at around 16 times calendar year 2025 forecast earnings, below the five-year mean of 20 times, against a growth expectation exceeding 30% year-on-year.

Among its top stock picks, RHB highlighted Malaysian Pacific Industries Bhd (KL:MPI) and Unisem (M) Bhd (KL:UNISEM), which are expected to ride the recovery in the chip sector, backed by their diversified customer bases, alignment with the China Plus One strategy, and the onboarding of new programmes and customers.

For domestic-focused exposure, the research house favours CTOS Digital Bhd (KL:CTOS), citing strong digitalisation tailwinds and its presence in the financial technology space.

In the small-cap segment, RHB expressed preference for Coraza Integrated Technology Bhd (KL:CORAZA), citing its robust revenue trajectory and an earnings rebound supported by scaling efficiencies.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/752743

[winston]

"Magnificent Seven"

Stock│Forecasted P/E for 2026│2024-26 Earnings CAGR Forecast
Apple (AAPL.US) │27x│4.7%
Microsoft (MSFT.US)│22.8x│9.2%
Nvidia (NVDA.US) │16.4x│41.8%
Alphabet (GOOG.US) │12.9x│21.6%
Amazon (AMZN.US) │15.2x│22%
Meta (META.US) │14x│11.2%
Tesla (TSLA.US)│99.8x│2%

Source: UBS

[winston]

Chinese Internet Stocks

Stock│Forecasted P/E for 2026│2024-26 Earnings CAGR Forecast
TENCENT (00700.HK) │13.9x│16.4%
MEITUAN-W (03690.HK) │14.3x│12%
Baidu (BIDU.US) │8x│1.6%
Alibaba (BABA.US) │10.2x│22.4%
JD.com (JD.US) │6.7x│9.2%
Pinduoduo (PDD.US) │6.2x│20.2%
Vipshop (VIPS.US) │5.3x│4.4%
NetEase (NTES.US)│12.5x│7.1%
KUAISHOU-W (01024.HK) │8.3x│20.5%
Tencent Music (TME.US) │15.3x│13.6%
Bilibili (BILI.US)│16.2x│-
iQIYI (IQ.US)│5.6x│24%
CHINA LIT (00772.HK) │16.3x│15.3%
Weibo (WB.US)│4.4x│-0.1%
Hello Group (MOMO.US) │5.3x│8.5%

Source: UBS

[behappyalways]

AI chatbots vs search engines
https://x.com/Mayhem4Markets/status/1925262562246959196

[winston]

Tech sector on the upswing as recovery emerges

Engineering support players continue to book robust revenue growth – seen as a precursor to growth for automated test equipment manufacturers as well as outsourced semiconductor assembly and test players.

Most management teams have adopted an optimistic tone due to stronger loadings with the replacement cycle, new product introductions, demand recovery, and technology advancements.

The sector is trading at 20 times its forward price-earnings ratio and expects a re-rating as earnings strengthen and global uncertainties ease.

RHB Research’s top picks for the sector are Malaysian Pacific Industries Bhd and Unisem (M) Bhd which are key beneficiaries of the chip sector’s recovery, China’s demand rebound and the commencement of new programmes and customers.

Source: The Star

https://www.thestar.com.my/business/bus ... ry-emerges

[behappyalways]

How Much Revenue Do Tech Giants Earn Per Employee?
https://www.zerohedge.com/personal-fina ... n-employee