On June 25, Amkor Technology rose 5.65% in regular trading, trading at $86.58/share, with turnover of $31.53 million.

On the news front, the semiconductor equipment sector staged a broad rebound after a sharp two-day selloff on June 23-24. Amkor had accumulated a decline exceeding 14% over those two sessions. B.Riley raised its price target on the stock from $70 to $90 while maintaining a Neutral rating, with the analyst consensus mean target at $81.11. Additionally, the company recently signed a ten-year strategic cooperation agreement with TSMC to jointly expand advanced semiconductor packaging capacity at its Arizona facility, with plans to invest 1 trillion KRW to expand its Gwangju, South Korea plant.

Within the Semiconductor Equipment sector, peers rallied broadly: Applied Materials up 6.83%, KLA-Tencor up 5.18%, MKS Instruments up 5.34%, ASML up 4.54%, and Lam Research up 4.54%.

(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.)