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Top News Today: Malaysia Chip Push, IT Selloff, Crypto Deal & More

What’s shaping tech today: Malaysia expands chip ambitions, mutual funds cut IT exposure, Kakao exits Dunamu stake, OpenAI share sale draws attention, and employability concerns persist.

Written By : Humpy Adepu
Reviewed By : Sankha Ghosh

Good Morning, Tech Fam! Here’s your quick look at today’s top tech and business stories.

What’s New Today

Malaysia is pushing deeper into semiconductor design and manufacturing. Mutual funds have reduced investments in Indian IT stocks to an eight-year low. Kakao is selling a major stake in crypto exchange operator Dunamu to Hana Bank. OpenAI employees sold shares worth $6.6 billion. India’s graduate employability gap remains a major concern. 

Quick Insights

  • Malaysia aims to move beyond chip packaging and testing

  • Indian IT stocks face pressure amid slower demand concerns

  • Traditional banks continue expanding into crypto-related businesses

  • OpenAI’s valuation surge reflects strong investor interest

  • Recruiters are prioritising practical skills and industry readiness 

A Quick Rundown
Malaysia is strengthening its semiconductor ecosystem as global firms diversify supply chains beyond China. Indian mutual funds are trimming exposure to major IT companies due to growth concerns.

Kakao’s Dunamu stake sale signals deeper banking involvement in crypto markets. OpenAI’s employee share sale marks one of the biggest liquidity events in the tech sector. Hiring trends show employers increasingly favour candidates with specialised and practical skills. 

Malaysia Shifts Focus from Chip Testing to Chip Design 

Malaysia is stepping up efforts to become more than a chip packaging and testing hub. Backed by partnerships linked to Arm technology, the country now wants to build stronger chip design capabilities, attract global semiconductor firms, and secure a bigger role in the fast-changing global electronics supply chain. 

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Mutual Funds Cut Exposure to Indian IT Companies 

Indian mutual funds have reduced investments in IT stocks to the lowest level in eight years. Infosys, HCLTech and Wipro saw major selling pressure as investors remained cautious over weak demand, slower global tech spending, and growing concerns around AI disrupting outsourcing-led businesses. 

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Industry Says Graduates Still Lack Job-Ready Skills 

India’s employability challenge continues despite rising college enrollments. Recruiters say many graduates struggle with practical problem-solving, communication, and real-world application of skills. Experts believe colleges need stronger industry collaboration, project-based learning, and updated training methods to make students ready for modern workplaces.

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Hana Bank Buys Stake in Upbit Operator Dunamu 

South Korean tech giant Kakao is selling a $670 million stake in crypto exchange operator Dunamu to Hana Bank. The deal strengthens ties between traditional banking institutions and crypto businesses, showing that major financial players continue to see long-term value in digital assets.

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OpenAI Employees Cash Out Shares Amid AI Boom 

OpenAI employees have reportedly sold shares worth $6.6 billion in a secondary deal that valued the company at around $400 billion. The transaction highlights strong investor demand for artificial intelligence companies as competition intensifies across the global AI industry.

Read More!

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