Movement Alert|ASE Technology Rises 4.73% in Regular Trading, Semiconductor Sector Broad Rebound Combined with May Revenue Surging 29% YoY

Market Focus
Jun 18

On June 18, ASE Technology rose 4.73% in regular trading, trading at $39.374/share, with turnover of $20.56 million.

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 surged 38% YoY to NT$42.162 billion, reflecting persistently strong demand for advanced packaging services. Additionally, TSMC's advanced packaging capacity remains supply-constrained, with overflow orders redirecting to ASE Technology. The company has raised its capital expenditure guidance twice to $8.5 billion, aggressively positioning itself in the AI supply chain.

The broader semiconductor sector staged a strong rebound, with Intel up 11.08%, Micron Technology up 5.81%, Broadcom up 4.37%, Advanced Micro Devices up 3.95%, and NVIDIA up 1.07%.

(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