Thai Electronics Stocks Plunge Across the Board, DELTA Drops 7% Amid Global AI and Semiconductor Sell-Off

Price ActionEarnings Impact 4
โดย Kaohoon·Read original
Summary · why it matters

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.

Impact on stocks 7

Semiconductors · 5 stocks
Electrification & Mobility · 1 stocks
Robotics & Physical AI · 1 stocks