Singapore Stock Market News

AEM Holdings Ltd - Buying opportunity

StockFanatic
Publish date: Tue, 03 Apr 2018, 04:59 PM
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■ Bloomberg reported that Apple is looking to use its own chips for its Mac computers beginning as early as 2020.

■ Bloomberg estimates Apple contributes c.5% of its current chip supplier's revenue.

We see the share price weakness as a buying opportunity as AEM's major customer is already targeting new growth areas beyond the computing business segment.
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