Intel's good news Asian markets start another hot technology – Intel – electronics industry

Intel's good news Asian markets start another hot technology – Intel – electronics industry

Chip Giant Intel’s positive earnings report released Tuesday, so Wednesday start another technology boom of the Asia-Pacific market. Some agencies believe that, in the context of economic recovery, market outlook, market technology stocks are still worth the wait.

Tokyo stock market late yesterday, MSCI Asia Pacific Index rose 0.7%. This is also the Asia-Pacific stock markets over the past four sessions on the third day rise.

Technology stocks is undoubtedly Wednesday’s “leading role”, whether a single stock or a true single market. Technology shares weight greater Seoul stock market and Chinese Taipei stock market yesterday in Asia, “dominate”; stocks, Samsung and Tokyo Electronic And other large technology companies rose ahead.

As of yesterday’s close, the Korean stock market rose 1.5%, Seoul Composite index was at 1735 points. Chinese Taipei stock market closed up 0.8%, such as TSMC and UMC Semiconductor Stocks led the gains, TSMC rose 1.4%, significantly outperforming the broader market. Japan’s stock market closed up 0.4%, the chip export shares led the gains. The world’s second largest semiconductor equipment maker Tokyo Electron jumped 3.6%.

Singapore stock market rose 1.6%, Straits Times Index for the first time in two years back to 3000. Other Asia-Pacific market, Hong Kong stocks close up 0.1%, Australian stocks rose 0.9%, New Zealand stock market rose 0.8%.

Analysts said technology shares the Asia-Pacific markets up a collective, largely due to industry giant Intel, the day before the release of positive earnings. Intel will release strong quarterly expectations, push past the U.S. Nasdaq Tuesday scale new 22-month closing high.

Tuesday after the market, the world’s largest chip maker Intel, expectations, released a beautiful first-quarter earnings, performance record over the same period 40 years, the best level for many years. The first quarter, Intel’s net profit 2.44 billion realized, earnings of 43 cents a share; a year earlier profit of 629 million U.S. dollars, 11 U.S. dollars a share. Analysts had expected Intel’s first quarter earnings per share of 38 cents. It is particularly worth mentioning is that Intel’s revenue surged 44% last quarter to 10.3 billion U.S. dollars, far higher than analysts expected 98.4 billion.

As the market has been optimistic expectations, Intel’s stock in the normal trading hours Tuesday that rose 1%, quarterly after-hours in the day after the release of further stock gains.

Intel quarterly induced optimism in the technology sector, further strengthened in Wednesday. Dutch chipmaker ASML announced yesterday, the first-quarter earnings ahead of expectations.

Looking forward, despite the impressive performance of Nasdaq last year, but there are still many institutions continue to favor the technology sectors. Legendary fund manager Bill? Miller, “the disciple,” Legg Mason Capital Management, senior vice president and portfolio manager Malikesi? Guy recently said that technology stocks are still very attractive valuation, is the holding company Most of the stock categories. Legg Mason believes that industry is most likely to benefit the U.S. economy continued to improve as well as mergers and acquisitions one of three areas of heating.

UBS is the latest release of the second quarter, the report said the global investment outlook, optimistic IT Prospect of the industry, because of insufficient investment in IT over the past few years, enterprises in this regard will be pent-up demand is released, thus promoting the IT industry profits increased significantly.