AI investment play requires careful portfolio selection

THE recent quarterly financial results of companies on Bursa Malaysia suggest the clear winners of the artificial intelligence (AI) megatrend thematic – which is being played out most visibly through the large and many data centre (DC) investments – are the banks, energy suppliers, land sellers and construction companies building the infrastructure.

There is a cascading impact down to other companies in the ecosystem, but the financial gains are quite small for some.