Movement Alert｜Amkor Technology Rises 6.63% in Regular Trading, Investor Day Unveils Ambitious 2030 Financial Targets

Market Focus05-26

On May 26, Amkor Technology rose 6.63% in regular trading, trading at $71.83 USD/share, with trading volume of $51.63 million. The stock surged as the company's recently held Investor Day event continued to boost market confidence.

On the news front, Amkor released ambitious 2030 financial targets at its Investor Day, including revenue exceeding $11 billion, gross margin of approximately 22% or above, and earnings per share surpassing $5 — roughly three times the current level. The company is betting its future growth on high-value advanced packaging platforms such as 2.5D, HDFO, and CPO technologies. Management also highlighted that its Arizona campus has expanded to 171 acres and is expected to begin contributing scale revenue in 2029 to 2030, binding the dual growth narratives of AI computing demand and semiconductor manufacturing reshoring.

Within the Semiconductor Equipment sector, Applied Materials rose 2.68%, Lam Research rose 2.5%, Teradyne rose 4.58%, while ASML Holding slipped 0.01% and AXT Inc fell 1.46%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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