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MYX:PCHEM 7 March 2026

Last Week on Bursa Malaysia: KLCI Edges Up as Petronas Chemicals Jumps, Oil Risks Loom

Last Week on Bursa Malaysia: KLCI Edges Up as Petronas Chemicals Jumps, Oil Risks Loom

Petronas Chemicals Group surged 22.2% last week, lifting the FTSE Bursa Malaysia KLCI to 1,718.06, up 1.45 points despite regional market declines. The KLCI held above 1,700 as Bank Negara Malaysia kept its policy rate at 2.75%. Broader indexes fell and financial shares dropped, but energy stocks rose. Weekly turnover increased to 17.29 billion units worth RM18.69 billion.
7 March 2026
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Stock Market Today

  • Himax Technologies Stock Jumps 122% in 30 Days Amid Semiconductor Sector Momentum
    May 14, 2026, 4:57 AM EDT. Himax Technologies (NasdaqGS:HIMX) surged 122.3% in the past 30 days, drawing investor attention to its semiconductor portfolio across display, automotive, and sensing applications. Despite the rally, valuation models suggest the stock may be overvalued with a fair value estimated at $8.54, well below the current price near $20.59. Analysts highlight Himax's technological advances in co-package optics and upcoming mass production in 2026 aimed at high-speed optical transmission for AI and high-performance computing markets. However, concerns remain over rising operating costs, trade tensions and tariff risks that could impact margins and earnings growth. Investors face a delicate balance weighing potential gains against these risks as the stock nears analyst price targets around $23.70.

Latest articles

Robo.ai NeuroStream Launch: Why AIIO’s 100% Stock Surge Is Under Scrutiny

Robo.ai NeuroStream Launch: Why AIIO’s 100% Stock Surge Is Under Scrutiny

14 May 2026
Robo.ai said Neurovia AI released NeuroStream, a platform that compressed a 5.5GB 4K video to 278MB in internal tests. Robo.ai agreed to buy Neurovia for $100 million in stock, with closing due by June 16. Shares traded at $2.61, valuing the company at $48.33 million. Robo.ai’s 2025 report showed net revenue down 92% to $1 million and a $167.6 million net loss.
Marvell Technology Stock Jumps as Wall Street Chases the AI Networking Trade Before Earnings

Marvell Technology Stock Jumps as Wall Street Chases the AI Networking Trade Before Earnings

14 May 2026
Marvell Technology shares jumped 8.18% to close at $177.95 Wednesday, hitting a 52-week high before trading at $182.50 after hours. BofA and B. Riley raised price targets above $200 this week, citing AI data-center demand. Marvell will report first-quarter fiscal 2027 results on May 27. The company posted $8.195 billion in fiscal 2026 revenue, up 42% year over year.
Ford Stock Just Had Its Best Day in Six Years. The Surprise Driver Was Energy Storage

Ford Stock Just Had Its Best Day in Six Years. The Surprise Driver Was Energy Storage

14 May 2026
Ford shares surged 13% Wednesday, their biggest one-day gain in six years, after Morgan Stanley highlighted the company’s new energy-storage business. The stock closed at $13.57. Ford plans to invest $2 billion in the unit, aiming to deliver its first systems in 2027 and deploy at least 20 gigawatt-hours annually. The company reported Q1 revenue of $43.3 billion and raised its full-year profit outlook.
Nvidia’s China H200 Chip Door Just Opened. The Money Still Isn’t Moving

Nvidia’s China H200 Chip Door Just Opened. The Money Still Isn’t Moving

14 May 2026
The U.S. has approved Nvidia to sell H200 AI chips to about 10 Chinese firms, including Alibaba and Tencent, but no shipments have occurred as Chinese buyers hold back under Beijing’s guidance. Nvidia CEO Jensen Huang is in Beijing with President Trump’s delegation ahead of the company’s May 20 earnings report. Lenovo confirmed it is cleared to distribute the chips in China.
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