Stock Today: MPI Slides 3.3% As Tech Sentiment Wavers Amid Trade Tensions
The selling momentum follows recent announcements by the United States regarding new 25% tariffs on Malaysian exports, sparking concern over potential disruptions in semiconductor equipment and hardware segments closely linked to MPI's operations, which include silicone wafer fabrication and semiconductor packaging.
Although MPI did not comment directly, the heightened uncertainty around trade negotiations and proposed restrictions on AI chip shipments may have prompted investors to reassess exposure to export-driven tech stocks. Earlier this year, Malaysia reported a drop in electronic exports, coinciding with PMI data showing weaker factory orders and a cautious tone in capital investment.
Despite today's dip, MPI remains well-positioned due to its diversified customer base and ongoing expansion plans aimed at capturing growth in advanced packaging for AI and 5G chipsets. Analysts suggest that stable semiconductor demand and successful trade negotiations could provide an upside for MPI's share price.
For now, market attention remains focused on how upcoming policy decisions by Bank Negara Malaysia, global trade developments, and semiconductor export rules will affect MPI's earnings and investor confidence in the technology sector. Related
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