On August 27, Amkor Technology rose 5.08% overnight, trading at 50.76 USD/share, with turnover of 79,000 USD.
On the news front, NVIDIA released its quarterly earnings after hours, with strong results and forward guidance lifting market sentiment for its AI chip packaging partners. NVIDIA reported Q2 revenue of $96.2 billion, doubling year-over-year, and issued fiscal 2028 guidance calling for 70% revenue growth, citing demand far exceeding current supply capacity. The Vera Rubin platform and server CPU business were highlighted as key growth drivers.
Amkor Technology signed a $1.5 billion multi-year AI semiconductor packaging agreement with NVIDIA in July, which sent shares up over 12% at the time. According to UBS research, Amkor's role in packaging NVIDIA's Vera CPU, GB10, and N1X products continues to expand, with advanced packaging revenue expected to grow from 9% to 19% of total business, carrying above-average gross margins.
(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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