On August 13, Amkor Technology rose 5.14% in regular trading, trading at $57.08 per share, with turnover of $74.81 million. The rally was driven by reports that the company is exploring a strategic restructuring of its China operations, including a potential partial stake sale.

According to people familiar with the matter, Amkor has hired an adviser to prepare a possible equity sale and gauge interest from potential buyers, which could include Asian investment firms and industry participants. The company may retain a minority stake, with the China business valued at approximately $1 billion to $1.5 billion. The move signals Amkor joining a broader trend of multinational corporations reassessing their China business footprint.

The news comes amid strong fundamental momentum for Amkor. The company reported record Q2 net sales of $1.9 billion, up 26% year-over-year, with EPS of $0.70 significantly beating the consensus estimate of $0.48. Additionally, in late July, Amkor secured a $1.5 billion multi-year advanced semiconductor packaging partnership with Nvidia, further solidifying its position in the AI supply chain.

(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.)