Malaysia commits over US$240 billion in US investments to ease tariffs

Malaysia has agreed to invest more than US$240 billion in the US as part of negotiations aimed at reducing tariffs imposed on Malaysian goods from 25% to 19%. The details were disclosed by Zafrul Aziz, Malaysia’s Minister of Investment, Trade and Industry (MITI), during a parliamentary briefing. The agreement involves substantial high-tech purchases and other trade-related commitments over the next decade.

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Giga Storage expands into AI cooling and industrial park development

Giga Storage announced a partnership with electric bus manufacturer Tron-e on August 5, 2025, to co-develop the Xinpu Tron-e Smart Industrial Park. This initiative marks Giga Storage’s strategic diversification efforts while the company expands into renewable energy and high-efficiency cooling technologies for AI and high-performance computing (HPC) applications.

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