On August 17, Amkor Technology rose 5.48% in regular trading, trading at $61.8248/share, with turnover of $46.06 million.

On the news front, according to people familiar with the matter, Amkor Technology is considering strategic options for its China business, including selling a portion of its equity stake. The company has reportedly hired an adviser to prepare a possible stake sale and gauge interest among potential buyers, which may include Asian investment firms and industry players. Amkor is expected to retain a minority stake, with the China business valued at approximately $1 billion to $1.5 billion overall. The move signals Amkor joining a broader trend of multinational companies reassessing their China operations.

Separately, Amkor recently entered a multi-year strategic partnership with Nvidia worth $1.5 billion to develop advanced semiconductor packaging and test technologies, which drove shares up over 12% in after-hours trading in late July. The combination of the Nvidia deal and potential China asset monetization has supported continued investor interest in the stock.

(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.)