0237 GMT - Malaysia's semiconductor sector faces a cautious outlook despite growth in global chip sales, due to lingering uncertainties over the U.S. trade policy, says TA Securities analyst Chan Mun Chun. The Malaysian government is advancing its national semiconductor blueprint to strengthen the sector's value chain, he says, noting that Budget 2026 contained several initiatives to support the digital economy. Chan maintains a neutral rating on the sector. He raises Inari Amertron's target price to MYR2.48 from MYR2.11, as its key American smartphone customer is likely to be exempted from the potential sectoral semiconductor tariffs proposed by the Trump administration. TA Securities maintains a hold rating on Inari. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
October 13, 2025 22:37 ET (02:37 GMT)
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