CSE Global Set to Gain From U.S. Data-Center Push -- Market Talk

Dow Jones
2025/06/30

0234 GMT - CSE Global will likely be a key beneficiary of global trends as Trump pushes companies to set up U.S. factories and more data centers are built, Maybank Securities analyst Jarick Seet writes in a note. "We believe CSE is gaining good traction with one of the largest data center players in the U.S. and is in the midst of qualifying for another one to two major customers," Seet says. The technology company's order wins are also expected to pick up in 2H, especially with data-center related projects in the U.S., Seet adds. Maybank raises the stock's target price to S$0.70 from S$0.58 while maintaining a buy rating. Shares are at S$0.56.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

June 29, 2025 22:34 ET (02:34 GMT)

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