Kenanga
AI cycle enters second phase as infrastructure bottlenecks shift, Kenanga says
The artificial intelligence (AI) investment cycle is entering a second phase in 2026, with demand broadening beyond GPUs to inference, AI agents and commercial applications, creating new opportunities across optical connectivity, power, advanced packaging and semiconductor equipment, Kenanga Research said on Monday.
Malaysia EV sales surge as localized production reshapes auto market
Malaysia’s electric vehicle (EV) market is gaining momentum, with year-to-date sales more than doubling in the first eight months of 2026 as automakers shift towards locally assembled models, while competition from Chinese brands and national marques is reshaping the automotive market, according to Kenanga Research and BIMB Securities.
Kenanga sees advanced packaging as next battleground in semiconductor value chain
Kenanga Research said Monday that advanced packaging will become the next battleground in semiconductor value chain and benefit Malaysia's technology players.
Malaysian tech firms partly shielded from energy cost volatility – Kenanga
While Malaysia's technology sector is structurally exposed to energy cost volatility, its earnings impact is partially mitigated by cost pass-through mechanisms, Kenanga Research said in its recent report.
Kenanga expects Malaysia’s utility-scale solar activity to gradually pick up in the second quarter on lower costs
Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.
Kenanga foresees heightened external risks for Malaysia’s technology sector
Kenanga Research has on Friday downgraded Malaysia’s technology sector rating to neutral from overweight as external risks have intensified, particularly from global memory tightness, supply-chain fragility and persistent cost pressure across the value chain.
Kenanga sees Malaysia’s logistics sector benefits from e-commerce boom, trade shifts
Malaysia's domestic logistics sector fared better amid Middle East tensions as the country is a beneficiary of booming e-commerce and trade diversion on US-China trade tensions, Kenanga Research said Thursday.
Datacom market boom to boost Malaysia’s tech space – Kenanga
Kenanga Research said Tuesday that the global datacom market boom will spur Malaysia's technology space.
Malaysia’s technology up-cycle remains intact in the first quarter of next year – Kenanga
Kenanga Research has foreseen Malaysia's technology up-cycle to remain intact in the first quarter of next year, supported by a still expanding global semiconductor up-cycle and a resilient front-end capex outlook, which should continue to favor Malaysia’s front-end beneficiaries.
Kenanga foresees stronger RE contract flows in Malaysia over the medium term
With Corporate Renewable Energy Supply Scheme (CRESS) turning more attractive and the new tariff providing upside, Kenanga Research expects stronger renewable energy (RE) contract flows in Malaysia over the medium term.
