On June 18, ASE Technology rose 3.9% in pre-market trading, trading at $39.08/share, with turnover of $179,300.

On the news front, ASE previously disclosed May unaudited consolidated revenue of NT$63.033 billion, representing a 29% year-over-year increase. Notably, the packaging, testing, and materials segment delivered revenue of NT$42.162 billion, surging 38% year-over-year, underscoring robust demand for advanced packaging services. Additionally, TSMC's advanced packaging capacity remains in tight supply, with overflow orders channeling to ASE. The company has raised its capital expenditure guidance for the second time to $8.5 billion, aggressively positioning itself within the AI supply chain.

The broader semiconductor sector continues to recover following a prior selloff triggered by Broadcom's below-expectation AI chip sales guidance, which had driven ASE shares from above $40 to approximately $34, a cumulative decline exceeding 11%. The rebound trend persists across the sector, with Micron Technology up 4.17%, Marvell Technology up 3.9%, Broadcom up 3.05%, and Advanced Micro Devices up 2.98%.

(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.)