Graphjet Technology - Class A Ordinary Shares (GTI)

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U.S. stock futures were fluctuating on Tuesday following mostly unchanged moves from Monday. Futures of major benchmark indices were mixed.

Graphjet shares jumped over 36% after hours following news of a 1-for-60 reverse stock split to regain Nasdaq compliance.

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CEO Chris Lai said that the company stands to benefit from the expansion of AI chip production as graphite and graphene play a crucial role in semiconductor manufacturing.

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