RHB unfazed by US AI chip curbs, keeps "Overweight" on construction sector

Written By Aizat Sultan

KUALA LUMPUR: RHB Research remained unfazed by tighter United States (US) restrictions on advanced artificial intelligence (AI) chip exports, maintaining its "overweight" stance on the construction sector.

Of the 12 construction stocks under its coverage, the research firm has a "Buy" call on all, with its top picks being Gamuda Bhd (Buy, target price: RM6.19), Sunway Construction Bhd (Buy, target price: RM8.33), and Binastra Corp Bhd (Buy, target price: RM2.72).

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Aizat Sultan
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