Key facts
- Thailand's foreign direct investment applications totaled $41 billion in the first half of the year.
- This figure marks an 80% increase, largely driven by the global AI boom.
- Delta Electronics (Thailand), a maker of power systems for AI data centers, has seen its stock price increase by more than 80% this year.
- Delta Electronics (Thailand) has become the first company in Thailand to reach a $100 billion market capitalization.
- The company is now the second-most valuable in Southeast Asia within the MSCI Asean Index.
Thailand's stock market has experienced significant growth this year, outperforming other Southeast Asian peers, largely due to its unexpected role as a beneficiary of the global artificial intelligence boom. Foreign direct investment applications surged by 80% to $41 billion in the first half of the year, signaling strong investor interest in the country's AI-related industries.