All eyes on YTL Power's delivery of AI data centre in Johor follow Q2 results

All eyes are on the delivery of YTL Power International Bhd's artificial intelligence (AI) data centre in Johor, after its recently concluded second quarter earnings.


Kenanga Investment Bank Bhd (Kenanga Research) said the Blackwell Nvidia chip housed in the AI data centre is scheduled to be delivered in the first quarter of 2025 (Q1 2025).

Despite its second quarter results being on track, YTL Power continued to experience a decline in PowerSeraya's earnings.


The turnaround of its telcommunication unit was also mainly due to construction profit from the RM950 million Sabah Point of Presence (PoP) project for laying of fibers over three years.



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