YTL Power expected to attain NVEU status amid new US global AI chip policy, says CIMB Securities

Q: How long will it take to read this news story?

The story "YTL Power expected to attain NVEU status amid new US global AI chip policy, says CIMB Securities" has 274 words across 10 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "YTL Power expected to attain NVEU status amid new US global AI chip policy, says CIMB Securities" was covered 4 hours ago by Malay Mail, a news publisher based in Malaysia.

Q: How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news. The outlet is headquartered in Malaysia and publishes an average of 14 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25168470</li><li>URL: https://beamstart.com/news/ytl-power-expected-to-attain-17369138557885</li></ul>

Malay Mail Logo Malay Mail 4h ago

YTL Power expected to attain NVEU status amid new US global AI chip policy, says CIMB Securities - Malay Mail

Quick Summary:

KUALA LUMPUR, Jan 15 — YTL Power International Bhd is expected to be able to attain national validated end-user (NVEU) s...

Meanwhile, CIMB Securities has maintained its ‘buy’ call for YTL Power with a four per cent higher target price of RM5.20 per share, following higher earnings from its UK-based unit, Wessex Water, following the Water Services Regulation Authority’s (Ofwat) final determination on the 2024 price review (PR24).At 11.28 am, YTL Power’s share price fell four sen to RM3.77 per share with a total of 13.83 million shares traded.

KUALA LUMPUR, Jan 15 — YTL Power International Bhd is expected to be able to attain national validated end-user (NVEU) status under the new United States (US) global artificial intelligence (AI) chip control policy, according to CIMB Securities Sdn Bhd.