Consolidation and let price drop abit and up abit, and drop, is like that. Only investors who have confident in Botak can buy. Don't panic buying when it is going up (oh ya, TA chart guy like to see lines and patterns and make investment decision? Oh no)
in all stocks, my 1st step is to look at week chart. ur color on candle sticks must be clear n distinct to tell like this; a. 1st big money = up trending = HH of light hollow candles b. Risk = dark candles = LL
Avoid TA, investors may use as a reference but it should not be a investment decision indicator. TA may be suitable for short term traders or speculators or punters. FA is better for investment but the risk is still there (hidden factors such as bad Mgmt teams, natural disaster etc.) my2cv and may not be correct. No offence. Just for sharing purposes.
KUALA LUMPUR (Dec 8): US-based artificial intelligence (AI) chip giant Nvidia Corp, which is mulling a plan to set up a data centre in Malaysia, believes AI data centres could be a new manufacturing sector for the country.
Nvidia chief executive officer and founder Jensen Huang Jen-hsun highlighted that Malaysia could be an excellent data centre infrastructure hub for Southeast Asia.
“Traditional data centres are designed to hold data, but the new AI data centres are essentially AI factories, where raw data will be refined and transformed to valuable data.
"Malaysia is a very strong manufacturing nation, and I believe your country has a unique advantage to potentially become an excellent data centre technology hub for Nvidia in the Southeast Asia region,” he told reporters in a media round-table session during his maiden visit to Malaysia on Friday.
Citing sources, Reuters on Friday reported that Nvidia is in advanced talks with Malaysian power-to-property conglomerate YTL Corp Bhd on a data centre deal.
The potential tie-up would include collaborating on cloud infrastructure, and is likely to be anchored at YTL's data centre complex in Johor.
When asked, Huang declined to confirm or deny the report. He, however, pointed out that Malaysia had “terrific companies”, such as YTL and Petroliam Nasional Bhd (Petronas), which could be excellent partners to build data centre infrastructure.
“YTL is an extraordinary company, with incredible leadership and legacy. YTL understands data centre infrastructure. It would be our privilege to work with them.
"Having said that, I won’t be able to confirm anything today (Friday),” said the tech executive of the world's most valuable chipmaker.
YTL Power International Bhd, through its unit YTL Data Center Holdings Pte Ltd, had previously announced plans to develop a 500MW data centre park dubbed the “Green Data Center Park”, with an estimated investment of RM15 billion spanning seven years.
The company will invest about RM1.5 billion in the first phase of the project, which will feature a data centre facility with a 72MW capacity. The project is expected to be ready by March next year.
It is worth noting that in March this year, YTL Communications Sdn Bhd’s Yes 5G, alongside Nvidia, brought Nvidia’s GeForce NOW cloud gaming service to Malaysia.
YTL Communications is 60% controlled by Bursa Malaysia-listed YTL Power, whose share price had gained 73% over the past six months.
Natsuko is right this time. AI infrastructure and data centre in Kulai, Johor will surely benefits the country, GDP growth, creating jobs, attract settlement of talents into the country, developments, especially places around the vicinity, and many more. The first best achievement by the Madani government so far.
Dalam temu bual dengan The Sunday Times Singapura, Sultan Ibrahim berharap projek tersebut dibuat jajaran semula supaya melintasi Forest City, pembangunan hartanah kontroversi di Selat Johor yang terdiri daripada empat pulau buatan seluas 30km persegi. “Beta akan memastikannya (ia dihidupkan kembali),” titah baginda yang menambah bahawa HSR boleh dibiayai melalui inisiatif kewangan swasta di mana kerajaan membayar kontraktor untuk mengendalikan laluan itu untuk tempoh sewa 30 tahun.
Kerajaan sebelum ini terbuka untuk menghidupkan semula projek bernilai RM100 bilion itu jika dapat mencari pelabur swasta.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....