THE LATEST Updates and analysis as Trump's tariffs on Canada, Mexico, and China loom on Tuesday Kuala Lumpur - Delayed Quote • MYR Green Packet Berhad (0082.KL) Follow Compare 0.0350 +0.0050 +(16.67%) At close: 4:50:07 PM GMT+8 Related News Crypto stocks rally, bitcoin jumps as Trump touts US crypto reserve Crypto stocks rallied Monday after Trump said in a post on Truth Social that his administration will create a US crypto reserve. Nvidia, Broadcom testing out Intel's chipmaking process: Report Intel (INTC) is reportedly undergoing tests by AI chipmakers Nvidia (NVDA) and Broadcom (AVGO) on its manufacturing process, according to Reuters. Intel's 18A chip technology, used in advanced artificial intelligence (AI) processors, puts it in direct competition with Taiwan Semiconductor Manufacturing Company (TSM). Seana Smith and Madison Mills report more on Intel's refocus on contract manufacturing, a key initiative under former CEO Pat Gelsinger, that may drive future success. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch Trump relieves crypto slump with new promises about a US reserve Donald Trump was able to reverse the first slump in digital assets since he took office with some new promises about a US strategic reserve of cryptocurrencies. Trump to make investment announcement as he meets with CEO of Taiwan giant chipmaker TSMC President Donald Trump is due to announce Monday that chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, according to a person familiar with the plans who was not authorized to speak publicly. TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. The company had already announced plans to invest more than $65 billion in the U.S., including three plants in Arizona after the Biden administration offered billions in subsidies. Tesla, Palantir, Broadcom, Kroger, Strategy, Coinbase, and Robinhood: Stocks to watch today Stocks erased morning gains and declined by afternoon on Monday as investors awaited President Donald Trump’s tariffs on imports from Canada, Mexico, and China set to take effect on Tuesday. In the afternoon, the S&P 500 slid 0.16%, while the Nasdaq dipped 0.40%. The Dow Jones Industrial Average shed 0.14%. Kroger CEO Ousted in Stunning Shake-Up--What Really Happened Behind Closed Doors? Rodney McMullen's sudden resignation sends shockwaves through Kroger--here's what investors need to know about the fallout. Top Stock Movers Now: Nvidia, Broadcom, Intel, and More U.S. equities fell at midday on weak economic reports and worries about new tariffs from the Trump administration. Allegro MicroSystems (ALGM) Stock Trades Up, Here Is Why Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) jumped 22.3% in the morning session after Bloomberg reported the company is fielding takeover interests from peer, ON Semiconductor. The sources added that there could be other bidders in the mix too. Most acquisitions close at a premium, raising the possibility that existing investors could exit their positions at a higher price if Allegro strikes a deal with a buyer. TSMC Poised to Announce $100 Billion Investment in US Plants (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in chips plants in the US over the next four years, a move President Donald Trump is set to announce at the White House later Monday, according to a person familiar with the matter. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHow Upzoning in Cambridge Br TG Therapeutics, A New Leaderboard Stock, Skyrockets 17% On Sales Beat, Bullish Guide TG Therapeutics stock skyrocketed Monday after easily beating fourth-quarter sales expectations and issuing a bullish outlook for 2025. Intel (INTC) Stock Trades Up, Here Is Why Shares of computer processor maker Intel (NASDAQ:INTC) jumped 6.6% in the pre-market session after Reuters reported that Broadcom and Nvidia are running tests on Intel's 18A manufacturing process, highlighting the company's (INTC) progress and the potential to attract high-caliber customers. With high expectations surrounding Intel's Foundry business, these updates lend credibility to the growing hype, and even the speculation about a potential acquisition on the unit, suggesting there may be re Why Coinbase (COIN) and MicroStrategy (MSTR) Are Advancing Today Coinbase (COIN) and MicroStrategy (MSTR) are climbing 1.5% and 2%, respectively, today after President Donald Trump provided some details on America’s upcoming crypto strategic reserve yesterday. Trump’s Statements on the Crypto Strategic Reserve In the wake of Trump’s executive order on the reserve, issued in January, the U.S. intends to stockpile five cryptocurrencies, the president […] Taiwan Semiconductor to Invest $100 Billion in U.S. Chip Plants Taiwan Semiconductor Manufacturing plans to invest $100 billion to build out chip-making facilities in the U.S., according to people familiar with the matter. The company intends to make the investment over the next four years as part of a federal effort that could be announced as soon as later today, The Wall Street Journal first reported. TSMC didn’t immediately respond to a request for comment from Barron’s. Top Midday Stories: TSMC, Trump Expected to Announce $100 Billion Investment; Ford Sales Fall 8.9% Year Over Year in February All three major US stock indexes were down in late-morning trading Monday, extending February's loss Is Taiwan Semiconductor Manufacturing Company Limited (TSM) the Tech Stock with High Upside Potential? We recently published a list of 10 Tech Stocks with High Upside Potential. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other tech stocks with high upside potential. As per Forrester Research, Inc., despite persistent inflation, the US real GDP is expected to increase […] Bitcoin Rises As Coinbase Seeks SEC Crypto Industry Probe Details Amid Trump's Bitcoin Reserve Plans; Is Coinbase Stock A Buy Now? Coinbase jumped but pared some gains on Monday after President Donald Trump's Truth Social post suggested that a Bitcoin Strategic Reserve fund plan was still on the table. Bitcoin cleared $90,000. Is Coinbase stock a buy or sell now? Factbox-Intel's divisions in spotlight as TSMC, Broadcom circle Broadcom has examined Intel's chip design and marketing unit, while TSMC has separately studied acquiring some or all of its chip plants, according to the Wall Street Journal. The division designs its chips and is one of the most accomplished historically but has faced fierce competition from Advanced Micro Devices in the personal computer and data-centers markets. Evercore adds Best Buy to Underperform list, Kroger on Outperform list Investing.com -- Evercore ISI added Best Buy (NYSE:BBY) to its Underperform list while it added Kroger (NYSE:KR) to its outperform one, ahead of the both retailers fourth-quarter earnings report. Intel could get a boost from Nvidia and Broadcom Intel’s (INTC) faltering chip manufacturing business could get a boost from its rivals. Sunnova Energy Shares Tumble After Reporting Earnings With 'Going Concern' Warning; Secures $185 Million Loan Sunnova Energy International's (NOVA) share price was tumbled 53% in Monday trading after the solar Performance Overview Trailing total returns as of 3/3/2025, which may include dividends or other distributions. Benchmark is FTSE Bursa Malaysia KLCI Return 0082.KL FTSE Bursa Malaysia KLCI YTD 0.00% -4.32% 1-Year -12.50% +2.17% 3-Year -61.11% -2.91%