Khazanah Nasional plans to boost investment in power systems and Malaysia’s semiconductor sector. (Photo: World Economic Forum)
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd plans to deploy more capital into strengthening the country’s power system and supporting domestic semiconductor firms, as artificial intelligence accelerates a new investment cycle.
Rising AI computing demand is reshaping what qualifies as “investable” in the current technology boom, placing energy supply and grid resilience at the core of national competitiveness, Khazanah Managing Director Amirul Feisal Wan Zahir said on Monday at the World Economic Forum’s annual meeting in Davos, Switzerland.
“What it does need is computing power, and what computing power means is energy. So that’s when we think about capturing some of that growth,” Amirul Feisal said at the Reuters Global Markets Forum.
