Thai IT Stocks Receive Gains as Apple Share Price Exceeds $200 on the Introduction of ‘Apple Intelligence’

On Wednesday at 10:17 AM (Bangkok time), the share price of Com7 Public Company Limited (SET: COM7) rose by 4.68% or THB 0.80 to THB 17.90, with a trading value of THB 160.65 million.

The share price of Synnex (Thailand) Public Company Limited (SET: SYNEX) grew by 4.24% or THB 0.50 to THB 12.30, with a trading value of THB 18.55 million.

The share price of Copperwired Public Company Limited (SET: CPW) jumped by 10.26% or THB 0.24 to THB 2.58, with a trading value of THB 7.32 million.

The share price of Hana Microelectronics Public Company Limited (SET: HANA) gained 2.91% or THB 1.25 to THB 44.25, with a trading value of THB 306.87 million.

Krungsri Securities (KSS) stated in its report that Apple’s share price increased by 7% following the recent introduction of various AI capabilities set to debut on iPhone and other devices later in the year, raising expectations among investors that the company would generate more sales and profits.

This gives positive sentiment for IT stocks in the Thai market, including COM7, CPW, HANA, and SYNEX.