Movement Alert|ASE Technology rise 3.28% in Pre-Market Trading, advanced packaging expansion expectations and raised outlook support rebound

Market Focus11-04

On November 4, ASE Technology rose 3.28% in Pre-Market Trading, trading at $40.37 per share, with turnover of $1.4511 million.

The move coincided with market attention on the company’s advanced packaging expansion progress, while its previously reported third-quarter results and updated outlook continued to provide support.

Earlier disclosures showed third-quarter EPS of about $0.36 to $0.37 and revenue of about $7.64 billion to $7.66 billion, both above market expectations. Management also guided for fourth-quarter revenue to increase 6% to 8% sequentially and raised its LEAP-related revenue target to above $4 billion, pointing to sustained demand in advanced packaging and testing. Separate market reports also highlighted potential large-scale expansion plans tied to advanced packaging capacity, though the company did not comment on the rumor.

(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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