The share prices in the electronic sector during the Tuesday morning session continue to nosedive. Leading the rout was Delta Electronics (Thailand) Public Company Limited (SET: DELTA) with a 4.35% drop to THB 132 per share. The lowest price during the session was THB 130 and the highest was THB 134, with a total trading value of THB 1.55 billion.
Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) shrinks 4.14% toTHB 8.10 per share. The lowest price during the session was THB 7.55 and the highest was THB 8.30, with a total trading value of THB 901.70 million.
Hana Microelectronics Public Company Limited (SET: HANA) fell 0.85% to THB 23.40 per share. The lowest price during the session was THB 23.00 and the highest was THB 23.60, with a total trading value of 97 million.
Krungsri Securities (KSS) has assessed the news of China’s artificial intelligence (AI) application “DeepSeek”, which has a performance on par with the market leader, while only using a fraction of computing powers, thus leading to lower cost.
The securities company expected a global rally in AI adoption, while also anticipating the risk toward global semiconductor stocks, as sales of these companies’ advanced chips may be affected by a lightweight and more efficient AI model. Thus the securities have a negative attitude toward Thai electronics stocks, leading to investor hesitation.
KSS has estimated that:
- There could be limited damage on electronic part sales, as Thai electronic companies do not provide any advanced chips, such as DELTA that predominantly sell power supply.
- Power plants may see a slump in investment, as there are concerns over reduced electricity sales as powerful chips are less needed. However, intensifying AI adoption could eventually drive up electricity demand.
Thus the strategic move for electronic stock is to wait and see for the uncertainty. Meanwhile, the stocks that could benefit from DeepSeek are the AI adopters that would receive a new option to reduce cost, which could lead to a jump in telecommunication data utilization.
The biggest earners in telecom were ADVANC, while digital tech consulting stocks that would receive more contracts from AI adoption rallies should be focusing on BE8 and BBIK.
