Amkor Technology, Inc. Stock News

Amkor Technology's Q3 revenue beat expectations, but EPS missed by a penny, leading to a 12% stock drop due to rising costs and shrinking margins. Despite strong growth in advanced packaging tech and sectors like 5G and AR, profit margins and net income have faced pressure, impacting overall profitability. Amkor's valuation appears stretched with a blended P/E of 19.48x versus a fair value clos...

Amkor Technology's advanced packaging leadership and partnership with TSMC are key growth drivers, targeting a $37 per share price within a year. AMKR's expansion in Korea, Vietnam, and a new facility in Arizona, supported by government funding, strengthens its market position. Despite a weak Q3 result, long-term growth is expected, driven by rising semiconductor demand in AI, automotive, and h...

Amkor Technology, Inc. (NASDAQ:AMKR ) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Jennifer Jue - Vice President, Investor Relations Giel Rutten - President and Chief Executive Officer Megan Faust - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Steve Barger - KeyBanc Capital Markets Peter Peng - J...

TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology Reports Financial Results for the Third Quarter 2024.

TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology to Announce Third Quarter 2024 Financial Results on October 28, 2024.

TEMPE, Ariz. & HSINCHU, Taiwan--(BUSINESS WIRE)--Amkor and TSMC to Expand Partnership and Collaborate on Advanced Packaging in Arizona.

TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology Declares Quarterly Dividend.

The tech sector has exploded over the last year as artificial intelligence begins to take hold. The performance of the tech sector has pulled the entire market higher, perhaps preventing a recession.