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Stock impact report

Malaysia is emerging as a data center powerhouse amid booming demand from AI [CNBC]

TENAGA NASIONAL BERHD ADR (TNABY) 
NASDAQ:AMEX Investor Relations: tnb.com.my/contact-us/investor-relations
Company Research Source: CNBC
Over the past few years, the country has attracted billions of dollars in data center investments , including from tech giants like Google Nvidia and Microsoft Much of the investments have been in the small city of Johor Bahru, located on the border with Singapore, according to James Murphy, APAC managing director at data center intelligence company DC Byte. “It looks like in the space of a couple of years, [Johor Bahru] alone will overtake Singapore to become the largest market in Southeast Asia from a base of essentially zero just two years ago,” he said. Johor Bahru was named as the fastest growing market within Southeast Asia in DC Byte's 2024 Global Data Centre Index The report said the city has 1.6 gigawatts of total data center supply, including projects under construction, committed to or in the early stages of planning. Data center capacity is typically measured by the amount of electricity it consumes. If all planned capacity comes online across Asia, Malaysia wil Show less Read more
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