Kenanga IB: Malaysia remains top beneficiary of high data centre demand with US$21.2b in tech giant investments

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Kenanga IB: Malaysia remains top beneficiary of high data centre demand with US$21.2b in tech giant investments - Malay Mail

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KUALA LUMPUR, Dec 27 — Malaysia has been and continues to be a beneficiary of high data centres demand, thanks to Singap...

For instance, it said Microsoft followed the lead of Oracle and Amazon Web Services, by looking to invest in Thailand, while NVIDIA signed an agreement early this month to establish an artificial intelligence research and development centre in Vietnam.

Nonetheless, Kenanga IB noted that although the existing allocation of resources by big tech is still mainly concentrated in Malaysia in terms of value, competition in the region intensifies with Thailand up-and-coming and Vietnam getting into the fray.