The Malaysian Technology Index rose 1.8%, tracking Nasdaq gains. Inari Amertron and ViTrox led the rally, fueled by optimism over the global chip cycle recovery and increased demand.
The Malaysian Technology sector staged a strong rebound today, with the Technology Index rising 1.8%. This move follows the Semiconductor Industry Association (SIA) upgrading its global chip sales forecast for 2026. Local semiconductor testing and packaging firms benefited significantly. Inari Amertron (0166) surged 3.1% to RM3.50, while ViTrox Corporation (0097) gained 2.8% to RM7.85. Analysts noted that the sustained growth in Artificial Intelligence (AI) and data centre investments is driving demand for high-end testing equipment, which is highly favourable for Malaysia's contract manufacturing and Outsourced Semiconductor Assembly and Test (OSAT) companies. The sector is expected to outperform the broader market in the first half of 2026.
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