Movement Alert｜Amkor Technology Rises 5.78% in Pre-Market Trading, Semiconductor Equipment Sector Rebounds After Two-Day Selloff with TSMC Partnership Providing Support

Market Focus06-25 16:06

On June 25, Amkor Technology rose 5.78% in pre-market trading, trading at $87.92/share, with turnover of $187,400.

On the news front, the semiconductor equipment sector staged a collective rebound after experiencing a broad selloff on June 23-24, during which major industry names saw significant declines — Lam Research had fallen over 10% and Applied Materials nearly 10%. In the current session, sector peers are broadly recovering, with Lam Research up 7.07%, Applied Materials up 6.88%, KLA up 5.66%, and ASML up 5.16%.

Amkor Technology had accumulated a decline exceeding 14% over the prior two trading days. Fundamental support remains intact from the company's ten-year strategic cooperation agreement with TSMC announced on June 16, under which TSMC will procure advanced packaging and test services from Amkor to expand capacity for global high-performance computing and AI chip production at its Arizona facility. Additionally, the company is considering investing approximately 1 trillion KRW to expand its Gwangju, South Korea factory, with a first-phase investment of 500 billion KRW targeted for completion before 2030. These factors combined to drive oversold recovery momentum as the broader sector rebounded.

(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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