On July 2, ASE Technology rose 4.79% in regular trading, trading at $44.78/share, with turnover of $38.77 million.
On the news front, the company announced on July 1 another round of packaging service price increases, with hikes reaching over 20% at the high end. Previously, a broad semiconductor sector pullback had suppressed this positive catalyst, with peers including Micron Technology falling 6.11% and Intel declining 5.43% during the prior session. As sector-wide selling pressure eased, the pricing logic regained capital recognition.
Additionally, Bank of America previously raised its valuation outlook for ASE Technology, projecting the server CPU-related packaging and testing market to expand from $1.9 billion to $9.6 billion, citing advanced packaging as the highest-barrier segment in the supply chain. Globally, nearly 20 analog and power semiconductor companies initiated a new wave of price increases starting July 1, with multiple firms reporting full order books and significantly improved capacity visibility, further supporting industry recovery expectations.
(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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