On June 25, Amkor Technology rose 5.12% in after-hours trading, trading at $87.09 USD/share, with turnover of $3.9763 million. The stock is rebounding from a 7.30% decline in the prior session.
On the news front, the ongoing positive sentiment stems from the ten-year strategic cooperation agreement announced on June 16 between Amkor and TSMC. Under the agreement, TSMC will procure advanced packaging and test services from Amkor to support its Arizona wafer fabrication output, jointly expanding capacity to serve global high-performance computing and AI chip mass production demand. Amkor is also considering a 1 trillion Korean won expansion of its Gwangju, South Korea facility, driven by surging TSMC packaging orders, with the first phase targeting 500 billion won in investment by 2030.
Within the Semiconductor Equipment sector, broad strength was evident, with Applied Materials up 4.84%, Lam Research up 5.07%, ASML up 3.47%, KLA-Tencor up 3.74%, and Teradyne up 2.38%, reflecting sustained investor appetite for semiconductor supply chain names.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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