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Let's take a look at some stocks on the move today in Asia. I'm Stephen Carroll with Caroline Hepker and we're joined Buyer Markets reporter Anthony Stevens as that blowout sales outlook from Micron has helped to rekindle confidence in the AI trade. How's that playing in Asia today?
It's a relatively simple read across. There were some amazing things about the Micron results that Asia really loves. The first is the margins eighty five percent margins, and the second is the nature of the contracts that they have signed, so the strategic customer agreements that kind of drags out earnings visibility into the realm of years, and that's really
helping Asian semi stocks. Here, Samsung's up six percent, Heinex ups eleven percent, and Heinex is up despite launching a capital raise of twenty nine billion dollars in that is extraordinary and that speaks to the fact that they're raising that money to raise investment into producing more memory and getting more money out of that. Kiyoshia in Japan is also up around eleven percent, So the entire memory supply chain is up very strongly. In Asia.
Yeah, absolutely, those contracts for Micron with those strategic partners they average three years, so they're sort of trying to flatten out boom and bust. In terms of care COM's forecast, a big sales boost from servers for data centers, and that's also helping to lift other server suppliers too, is it.
Yeah, And if you think about how late Qualcom is to this game and still how bullish they are, and the fact that there's so much innovation left on the table, they've signed an agreement again to produce new generation AI chips. So you see the likes of the semiconductor supply chain do really well. In Asia, you have an advantaged is up almost fourteen percent. The Taiwanese optical place up around five to six percent, so Lagan is the biggest one there.
And even in China, you see the ecosystem in China doing really well because Qualcom said that they would also produce a China specific chip to help with the memory shortage in China, so a lot of the China supply chain names are strong. So for example, you have a SMIC Huahang montage, the entire ecosystem is up around five to six percent.
Yeah, and I mean really interesting to see how widespread the effects are as well. But I want to ask you as well about Abbi Ali Barber's shares hit by some accusations from Anthropic.
And this is part of a broader context of hyperscale conflict around AI. Right, the modeled competition. Are people monetizing these models, and you know, the Chinese have been consistently accused of distealing or stealing or copying whatever word you want to use, of being based off American models to close this kind of innovation gap. So today you see Alibaba down five percent almost now as you guys come in, and this is widening a massive spread in Chinese market.
So Chinese hardware and semiconductor names are really strong. So the Chinese index is of almoste hundred percent on the year. Meanwhile, the Internet and hyperscale heavy hs Tech index is in a bare market. So you know, you really have that dichotomy of performance in China, which is a much bigger version of what you're seeing in the.
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