Delta Thailand stock tumbles nearly 30%, wiping out $12bn in market cap

Dim EV, AI prospects cause dramatic fall for Taiwan electronics giant's subsidiary

20250217 Thailand stock board

Delta's fall was a factor behind Thai benchmark stock index SET's over 2% loss Monday morning. (Nikkei montage/Source photos by Ken Kobayashi and Reuters)

FRANCESCA REGALADO

BANGKOK -- Shares in Thailand's most valuable electronics company opened down nearly 30% on Monday morning, the latest sign of spreading pessimism in the artificial intelligence boom.

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