On August 20, ASE Technology rose 3.7% in regular trading, trading at $36.92/share, with turnover of $19.55 million, extending intraday rebound momentum.
On the news front, TSMC's advanced packaging CoWoS capacity remains in severe shortage, with a portion of back-end orders overflowing to ASE Technology as the global OSAT (Outsourced Semiconductor Assembly and Test) leader. Research reports indicate that global OSAT firms posted Q2 revenue growth of 26%-36% year-over-year, with ASE's utilization rate approaching full capacity. The company has raised its full-year capital expenditure guidance to approximately $10.5 billion, with 70% directed toward cutting-edge advanced packaging. The OSAT industry is transitioning from a utilization recovery phase to a volume-and-price upswing stage, directly benefiting ASE as the sector's dominant player.
The stock had previously declined 7.76% on August 18 amid a broader semiconductor selloff, and the current rebound reflects a technical recovery supported by strengthening fundamental catalysts in advanced packaging demand.
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