On May 28, ASE Technology rose 3.16% in regular trading, trading at $40.36/share, with trading volume of approximately $129 million.

The rally was driven by continued catalysts from AMD's announcement of over $10 billion in investment into Taiwan's semiconductor and AI industry ecosystem. As a core OSAT partner, ASE Technology will co-develop next-generation 2.5D bridge interconnect technology with AMD, directly benefiting from capacity expansion and long-term order expectations. Additionally, ASE's subsidiary launched an automated 310mm panel-level packaging production line, expected to begin production in H1 next year, further expanding its advanced packaging growth potential.

On the fundamental side, the company maintains a solid position with packaging and testing service prices raised by 5% to 20%, and its advanced packaging revenue target upgraded to $3.5 billion. The stock had previously experienced over 15% cumulative decline due to insider selling and sector-wide weakness, and the current multi-day rally reflects continued technical rebound demand supported by improving fundamentals and sector sentiment.

(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.)