Hana Microelectronics Public Company LimitedHANA fell 8.05% amid global tech sell-off triggered by SK Hynix weak earnings and AI investment concerns.
Shares of Thai electronic components companies fell sharply in morning trading today. DELTA dropped 7.02% to 265 baht, HANA fell 8.05% to 34.25 baht, CCET declined 8.19% to 7.85 baht, KCE lost 6.63% to 38.75 baht, SMT slid 6.61% to 4.52 baht, and TEAM decreased 4.27% to 4.48 baht. As a result, the electronic components sector index, or ETRON, fell 7.04%, and the technology sector index, or TECH, dropped 4.41%. The sell-off mirrored global technology and semiconductor markets after SK Hynix reported lower-than-expected second-quarter earnings and its share price tumbled 9.6%. Meanwhile, the Nasdaq index fell 1.7% and the SOX index plunged 5.3% amid concerns over the sustainability of AI investment and rising US bond yields. Additionally, DELTA faced further pressure from the market's reaction to its own second-quarter earnings.
Hana Microelectronics Public Company LimitedHANA fell 8.05% amid global tech sell-off triggered by SK Hynix weak earnings and AI investment concerns.
KCE Electronics Public Company LimitedKCE lost 6.63% as part of broad Thai electronics rout linked to global semiconductor weakness.
Stars Microelectronics (Thailand) PCLSMT slid 6.61% in sector-wide decline driven by SK Hynix earnings miss and Nasdaq/SOX drops.
Team Precision Public Company LimitedTEAM decreased 4.27% amid Thai electronics sell-off mirroring global tech rout.
SK Hynix Inc
Delta Electronics (Thailand) Public Company LimitedDELTA dropped 7% after its own Q2 earnings disappointed, and the sector sell-off added pressure.
Cal-Comp Electronics (Thailand) Public Company LimitedSector-wide sell-off triggered by SK Hynix's weak earnings and AI investment concerns, with no company-specific news.