On October 13, ASE Technology fell 4.12% in Regular Trading, trading at $45.285/share, with turnover of $18.5217 million.
The move came even after the company reported record third-quarter consolidated net revenue of NT$244.161 billion, up 44.8% year over year, as semiconductor stocks broadly weakened and the shares faced short-term profit-taking pressure following earlier gains.
Company disclosures showed September consolidated net revenue of NT$88.13 billion, up 45.5% from a year earlier, while third-quarter assembly, testing and materials revenue reached NT$151.485 billion, up 51.0%. At the same time, peer weakness across the semiconductor group added pressure, with Micron Technology falling 5.44%, SK hynix falling 5.73%, Advanced Micro Devices falling 3.24%, Intel falling 2.4%, and NVIDIA falling 1.22%.
(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.)
Comments