Movement Alert|ASE Technology Rises 4.44% in Pre-Market Trading, Technical Rebound Continues After Profit-Taking as Semiconductor Sector Strengthens

Market Focus
Jul 15

On July 15, ASE Technology rose 4.44% in pre-market trading, trading at $42.74/share, with turnover of $341.27. The stock continues its technical rebound following multiple sessions of profit-taking after a single-day surge of over 10% driven by strong June revenue data.

On the fundamental side, the company previously reported June consolidated revenue of NT$65.78 billion, up 32.9% year-over-year, with core ATM (Assembly, Testing, and Material) business revenue surging 41.8% YoY to NT$43.49 billion. Additionally, the company announced on July 1 that advanced packaging prices would increase by over 20%, a medium-to-long-term pricing catalyst that remains intact as institutions continue to project robust AI-driven demand for advanced packaging services.

The broader semiconductor sector strengthened on the day, with Intel up 4.39%, Broadcom up 1.57%, and AMD up 1.6%, reflecting improved industry sentiment that further supported the rebound in individual names.

(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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10