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BREAKING: SanDisk (SNDK) stock falls 11% after weekend reports claimed that the Trump administration may allow Apple to source DRAM and NAND memory chips from China's CXMT and YMTC.
Wall Street ended higher on Thursday after Nvidia’s blockbuster quarterly results reinvigorated investor enthusiasm for the artificial intelligence trade. Software stocks also surged on the back of a post-earnings jump in Dow 30 component Salesforce.
Malaysia’s tech exports jumped 44% in the first seven months of 2026 to about RM564 billion, accounting for roughly 48% of the country’s total shipments abroad, according to Wong. Semiconductors make up almost three-quarters of the category.
“With this momentum, it’ll probably breach RM900 billion,” this year, Wong, who spent 27 years at Intel Corp, said in an interview on Friday. “Everybody is building AI infrastructure at every level.”
The AI boom and a shift in global supply chains are driving Malaysia’s electronics exports higher. Strong demand for semiconductors, servers and data-centre equipment has boosted orders for the country’s chip industry, while companies looking to reduce their reliance on China have expanded production in Malaysia. That investment is adding capacity in assembly, testing and packaging and pushing the industry into more advanced parts of the semiconductor supply chain.