Shot in the Arm for chip sector


KUALA LUMPUR: Malaysia’s deal with SoftBank Group Corp-owned British firm Arm Holdings PLC is seen as a strategic move to propel the country up the semiconductor value chain and foster an intellectual property (IP)-based ecosystem, industry experts say.

Rakuten Trade head of equity sales Vincent Lau said the Bursa Technology Index is expected to gain some support from this development with Arm and provide a cushion for the sector amid broader market uncertainties.

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