Movement Alert|ASE Technology Rises 4.07% Overnight, May Revenue Surges 29% YoY Amid Semiconductor Sector Rebound

Market Focus
Jun 22

On June 22, ASE Technology rose 4.07% overnight, trading at $42.55/share, with turnover of $1.3725 million.

On the news front, the company previously disclosed May unaudited consolidated revenue of NT$63.033 billion, representing a 29% year-over-year increase. Notably, its packaging, testing, and materials segment posted revenue of NT$42.162 billion, surging 38% year-over-year, reflecting robust advanced packaging demand. Additionally, TSMC's advanced packaging capacity remains in short supply, with overflow orders channeled 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, individual stocks showed broad strength. Among top movers, Intel up 5.88%, Micron Technology up 1.64%, Marvell Technology up 1.14%, NVIDIA down 0.64%, Advanced Micro Devices down 0.33%.

(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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