AI-tied stocks like Keppel to drive Asia growth in 2025: analysts

Companies that make and support data centers, chips will be stocks to watch

20241226N Amata

Thailand's Amata developed this industrial park in Vietnam. The company will likely benefit in 2025 from the buildup of data centers in Southeast Asia. (Photo by Yuji Nitta)

Nikkei staff writers

TOKYO -- Singapore's Keppel, Thailand's Amata and other companies involved in artificial intelligence investments will drive the Asian economy in 2025, market watchers across the region told Nikkei.

Data center investment is a "key area of growth as the region emerges as a hub for digital infrastructure," said Luke Lim, managing director at Singapore's Phillip Securities. American and Chinese technology companies like Google and Alibaba Group Holding raced to build and expand data centers in Southeast Asia in 2024 -- a trend seen creating new opportunities for local players in 2025.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.