Movement Alert|Amkor Technology Rises 5.1% in Regular Trading, TSMC Ten-Year Strategic Partnership Continues to Boost Sentiment

Market Focus06-17

On June 17, Amkor Technology rose 5.1% in regular trading, trading at $92.47/share, with turnover of $56.03 million.

On the news front, TSMC and Amkor Technology announced on June 16 a ten-year strategic cooperation agreement to deepen collaboration on advanced semiconductor packaging capabilities in Arizona. Under the agreement, TSMC will procure advanced packaging and test services from Amkor, jointly expanding capacity to serve global high-performance computing and AI chip mass production demand.

Additionally, the company is considering investing 1 trillion Korean won to expand its Gwangju, South Korea facility, driven by surging TSMC packaging and testing orders that have exceeded existing production line capacity. The first phase targets 500 billion Korean won in investment to be completed before 2030. Within the Semiconductor Equipment sector, Applied Materials rose 7.66%, ASML rose 5.3%, and Lam Research rose 5.72%, reflecting broad sector strength alongside company-specific catalysts.

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