On July 21, ASE Technology rose 4.74% in pre-market trading, trading at $38.96/share, with turnover of $81,700.

On the news front, the broader semiconductor sector rallied collectively, with SK Hynix up 6.11%, Micron Technology up 5.39%, Intel up 4.8%, and Advanced Micro Devices up 3.78%, providing tailwinds for previously oversold names to stage a technical rebound.

ASE Technology had previously reported June consolidated revenue growth of 32.9% year-over-year to NT$65.783 billion, with its core ATM business surging 41.8% YoY. The stock had jumped over 10% in a single session following the report but subsequently pulled back over multiple trading days as profit-taking pressure was released. Additionally, the company announced on July 1 that advanced packaging prices would be raised by over 20%, a medium-to-long-term pricing catalyst that remains intact. Following the extended correction, valuation attractiveness has improved, positioning the stock for a sector-driven recovery.

(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.)