0335 GMT - Malaysia's tech sector should continue to benefit from the structural AI upcycle, Apex Securities analyst To Zheng Hong says in a note. Healthy semiconductor orders and capacity expansion should support electrical and electronics exports, manufacturing and private investment, particularly in data centers, he says. However, talent shortages and Malaysia's concentration in lower-value semiconductor activities could limit the benefits, he reckons. The national semiconductor strategy and advanced-packaging initiatives could help Malaysia move up the value chain, boosting domestic value added and high-skilled employment over time, he adds. To maintains his 2026 Malaysia GDP growth estimate at 5.0% and expects 2027 growth at 4.5%, factoring in more moderate macroeconomic conditions.