Movement Alert|Amkor Technology Rises 5.05% in Regular Trading, Rebound After Recent Selloff as Institutions Back Advanced Packaging Growth

Market Focus02:09

On September 18, Amkor Technology rose 5.05% in regular trading, trading at $48.61/share, with turnover of $92.53 million. The stock rebounded from the $46 level after a sharp pullback driven by heavy capital expenditure concerns and strategic uncertainty.

On the news front, Morgan Stanley published a report highlighting that AI semiconductor capital expenditure will continue to grow, with 2.5D advanced packaging capacity expected to increase by an additional 50%. As a key CoWoS packaging partner, Amkor's non-TSMC camp capacity is projected to expand to 55-60 kwpm by the end of 2028, reinforcing its long-term growth trajectory. The institutional endorsement helped stabilize sentiment after the stock had declined following the company's announcement of a second-phase expansion at its Arizona advanced packaging campus, raising total planned investment to approximately $12 billion, and reports that it was exploring a partial stake sale of its China business valued at $1.0-1.5 billion.

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