AI boom drives 57% surge in Malaysia’s electronics exports
Central bank says semiconductor-driven tech cycle should stay strong through at least 2027
KUALA LUMPUR, Malaysia (MNTV) — Malaysia’s electrical and electronics exports surged 57.1 percent year-on-year in the second quarter of 2026, up from 23 percent the previous quarter, driven by demand tied to the global artificial-intelligence boom, the Malay Mail reported.
Bank Negara Malaysia (BNM) governor Abdul Rasheed Ghaffour said the country is well-positioned to benefit from AI given its role in the global supply chain through semiconductor manufacturing, advanced packaging, and electronics manufacturing services.
“The tech cycle will continue to remain strong… at least until 2027,” he said, adding that the growth was led by semiconductors and equipment.
Abdul Rasheed said the central bank’s engagement with multinational firms showed strengthening order books.
Earlier in the year companies reported orders four to six months out; by June that had widened to three to eight months, he said — evidence of strong AI-driven demand.
With global AI production still at an early stage, he added, demand for Malaysian products could remain high.