Thai Electronics Stocks Reap Gains Amid US Tech-AI Optimism

published 6 d ago · en · source ↗

Affected tickers

Per-ticker News Sentiment Indicator

DELTAmacro · positive · med
DELTA shares surged following strong gains in major U.S. technology stocks and positive sentiment surrounding the global Tech-AI sector.
GLOBALother · neutral · high
The article focuses exclusively on the electronics sector and specific stocks like DELTA, HANA, and KCE, providing no information relevant to Siam Global House Public Company Limited.
HANAother · positive · med
HANA shares are rising due to positive sentiment from global Tech-AI hardware demand and expectations of revenue growth from new AI-related projects starting in 2026.
KCEmacro · positive · med
KCE shares advanced following strong gains in major U.S. technology stocks and positive sentiment surrounding the global Tech-AI sector.
MAJORother · neutral · high
The article focuses exclusively on the electronics sector and specific stocks like DELTA, HANA, and KCE, providing no information relevant to MAJOR.
ORother · neutral · high
The article focuses exclusively on the electronics sector and specific stocks like DELTA, HANA, and KCE, providing no information relevant to OR.

Article body

On Wednesday at 10:40 AM (Bangkok time), the share price of Delta Electronics (Thailand) Public Company Limited (SET: DELTA ) surged 6.19% or THB 21.00 to THB 360.00, with a trading value of THB 6.01 billion. Hana Microelectronics Public Company Limited (SET: HANA ) rose by 5.88% or THB 2.25 to THB 40.50, with a trading value of THB 1.65 billion. KCE Electronics Public Company Limited (SET: KCE ) advanced by 6.47% or THB 2.25 to THB 37.00, with a trading value of THB 1.08 billion. Finansia Syrus Securities (FSS) wrote that shares in the electronics sector have risen, supported by strong gains in major U.S. technology stocks, which have pushed the Nasdaq and S&P 500 indices higher. Similarly, markets in South Korea and Taiwan registered significant gains during the morning session. Nevertheless, caution is flagged in the afternoon trading session due to concerns about selling pressure. Investors remain wary of the cash balance restrictions of several electronics stocks, after the Stock Exchange of Thailand placed special trading alerts on two companies, including CCET and SMT. In a separate analysis, Finansia has issued a ‘Speculative Buy’ recommendation on HANA, assigning a target price of THB 38.50 per share. In the near term, the company continues to benefit from positive sentiment driven by buying interest in the global Tech-AI sector, particularly in the hardware segment. This momentum is expected to attract speculative buying in Thai electronics stocks, supporting the potential for HANA’s share price to see continued upward movement. HANA’s AI-related business is showing increasing clarity, with the company recently securing a second deal with Phononics and adding a second AI sector client. Revenue from these projects is expected to begin recognition from the third quarter of 2026, with a more significant impact anticipated in 2027. Meanwhile, HANA’s core business has begun to recover since 2Q26 and is forecasted to improve further in the second half of the year. The brokerage maintains its earnings forecasts for 2026-2027, projecting annual growth of around 42% year-on-year.