Venture Corp. Likely Benefiting From Global Build-Out of Data Centers -- Market Talk

Dow Jones05-08

0651 GMT - Venture Corp. is likely benefiting from the global build-out of data centers, Phillip Securities Research's Paul Chew says in a research report. The Singapore-listed company's earnings growth for 2026-2027 will probably be led by artificial-intelligence products to support the massive deployment of data centers globally, the head of research says. Key products for the provider of technology services, solutions and products include network interface cards in servers and semiconductor equipment components, Chew adds. Phillip Securities Research upgrades the stock's rating to buy from accumulate and raises the target price to S$22.10 from S$16.80. Shares are 2.9% lower at S$18.11. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

May 08, 2026 02:51 ET (06:51 GMT)

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Likely Benefiting From Global Build-Out of Data Centers -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-08 14:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0651 GMT - Venture Corp. is likely benefiting from the global build-out of data centers, Phillip Securities Research's Paul Chew says in a research report. The Singapore-listed company's earnings growth for 2026-2027 will probably be led by artificial-intelligence products to support the massive deployment of data centers globally, the head of research says. Key products for the provider of technology services, solutions and products include network interface cards in servers and semiconductor equipment components, Chew adds. Phillip Securities Research upgrades the stock's rating to buy from accumulate and raises the target price to S$22.10 from S$16.80. Shares are 2.9% lower at S$18.11. 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