AMD announced selected preliminary financial results for 22Q3 on October 6, showing its revenues still managed to register a 29% year-on-year growth to reach US$5.6 billion, but the growth fell short of their previous forecast, due to lower-than-expected processor shipment as a result of weakened PC market demand and inventory correction actions across PC supply chain.

Malaysia is the only country in Southeast Asia to have all its homegrown electric vehicle (EV) players, ranging from upstream to downstream, clustered within its borders. Even though the country has abundant resources, the most troubling is it doesn’t have provisions for EV manufacturing, including batteries, EVs, or even charging infrastructure, according to the country’s budget in 2022.

Memory makers such as Micron Technology and Kioxia are expected to see their business operations undermined by sharp declines in end-market demand for consumer electronics devices through the end of 2022, but the demand for memory chips is likely to recover earlier than that of logic ICs, according to sources from the memory supply chain.