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Axington Inc. ( (SG:XHV) ) has issued an update.
Serial Achieva Limited, operating in the IT and computer peripherals distribution industry, primarily focuses on the Malaysian and Thai markets. The company is addressing shareholder inquiries regarding the impact of recent US-China tariffs and US GPU chip restrictions. While the tariffs are not expected to directly affect Serial Achieva due to its local market focus and supplier locations, the GPU restrictions could impact its AI data center expansion plans. The company is actively seeking alternative GPU sources to mitigate potential disruptions, ensuring its core business remains unaffected.
More about Axington Inc.
Average Trading Volume: 45,676
Technical Sentiment Signal: Buy
Current Market Cap: S$20.37M
Find detailed analytics on XHV stock on TipRanks’ Stock Analysis page.