On September 22, ASE Technology rose 3.18% in regular trading, trading at $45.12 per share, with turnover of $121 million. The gain was driven by continued strength in the semiconductor sector and robust company-specific catalysts.
On the sector front, semiconductors broadly advanced, with Micron Technology up 4.87%, Intel up 1.08%, NVIDIA up 1.01%, Advanced Micro Devices up 1.01%, and Broadcom up 0.72%, providing broad-based sector tailwinds.
On the fundamental side, ASE Technology reported August consolidated revenue of NT$82.25 billion (approximately $2.61 billion), up 45.7% year-over-year, with assembly, testing, and material revenue surging 53% to NT$51.29 billion. Additionally, the company secured incremental advanced packaging and testing orders from Google for its TPU program and from Intel for its EMIB advanced packaging platform. With AI chip testing times lengthening and high-end packaging capacity increasingly tight, major OSAT firms including ASE Technology have raised advanced packaging and testing prices by 5% to 10%, reinforcing margin expansion momentum.
(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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