Market View: Shares of Qualcomm, Arm fell steeply on memory shortage concerns; Alphabet’s versus AMD’s results; Baidu approves US$5 billion share buyback, plans to issue first dividend; Nvidia’s possible AI chip sale to ByteDance; Keppel, SGX to watch

Singapore shares dipped today, in line with regional movements.  The Straits Times Index was down 0.24% at 4,953.78 points at 11.54am Singapore time, with a value turnover of S$858.58M seen in the broader market. In terms of counters to watch, we have Keppel, after the asset manager’s net profit rose 27.2 per cent to S$645.4 million for the second half ended December, from S$507.5 million the year before.  Elsewhere, from how shares of Qualcomm and Arm Holdings fell steeply after the semiconductor companies delivered quarterly reports, to how the Trump administration is reportedly willing to allow China’s ByteDance to buy Nvidia’s H200 chips, more corporate headlines remained in focus.  Also on deck, what we should know about share price movements in AMD and Alphabet overnight. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital. See omnystudio.com/listener for privacy information.