Depository Receipts for Intel Corporation listed on the Stock Exchange of Thailand saw significant gains on Thursday, tracking a surge in Intel’s US-listed shares after major strategic announcements. INTEL01, issued by Bualuang Securities, rose 14% to THB 4.34 per unit, while INTEL23, issued by InnovestX, climbed 8.70% to THB 6.25 per unit.
The rally follows Intel’s 9% premarket jump in the US, triggered by a groundbreaking statement from US President Donald J. Trump. President Trump confirmed that Apple Inc. will partner with Intel to jointly design and manufacture chips within the United States, aligning with Washington’s ongoing initiative to bring high-tech manufacturing back to American soil through federal support and strategic tariffs.
“Apple has agreed to work with Intel to design and build its Chips in America,” President Trump stated, underscoring the government’s 10% equity stake in Intel. This stake has now surged in value to over $60 billion as Intel’s market cap crossed $600 billion. The announcement marks a historic win for the chipmaker, which has become a linchpin in the US’s tech supply chain strategy as government initiatives pivot towards domestic production and resilience.
Intel’s momentum has been further amplified by major technology clients. Nvidia has committed to manufacturing first-level chips at Intel’s facilities, according to an official executive statement. Meanwhile, Elon Musk’s involvement with Intel will see the co-development of “TeraFab”—poised to become the world’s largest chip manufacturing facility.
These partnerships have fueled an exceptional turnaround for Intel. President Trump highlighted that the company’s value was around $100 billion when federal restructuring began nine months ago. Now, boosted by manufacturing deals with Apple, Nvidia, and Tesla, Intel’s valuation has soared by over half a trillion dollars.
The positive sentiment has translated to Thai markets, where local investors can access Intel’s global success stories via DRs. The robust performance of INTEL01 and INTEL23 highlights growing confidence in both the underlying US growth story and the Thai DR market as an innovative investment vehicle.
