Movement Alert|ASE Technology Rises 3.13% Overnight, May Revenue Surges 29% YoY as Semiconductor Sector Rebound Continues

Market Focus
Jun 18

On June 18, ASE Technology rose 3.13% overnight, trading at $38.61/share, with turnover of $86,400.

On the news front, the company previously disclosed unaudited consolidated revenue of NT$63.033 billion for May, representing a 29% year-over-year increase. Notably, its packaging, testing, and materials segment recorded revenue of NT$42.162 billion, surging 38% YoY, reflecting sustained robust demand for advanced packaging services. Additionally, TSMC's advanced packaging capacity remains in tight supply, with overflow orders being redirected to ASE Technology. The company has raised its capital expenditure guidance twice to $8.5 billion, actively positioning itself as a critical node in the AI supply chain.

Within the Semiconductors sector, the broader rebound trend continued. Among individual stocks, Micron Technology up 3.48%, Marvell Technology up 3.54%, Broadcom up 2.66%, Advanced Micro Devices up 2.54%, NVIDIA up 1.34%.

(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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