On September 18, ASE Technology rose 3.15% in regular trading, trading at $41.175/share, with turnover of $189 million. The rally was driven by the Federal Reserve's 25-basis-point rate hike officially landing, which lifted all three major U.S. indices, with the Nasdaq surging nearly 1.7% and the Philadelphia Semiconductor Index gaining over 3%.

Within the Semiconductors sector, broad-based strength persisted. Micron Technology rose 3.15%, Broadcom gained 2.46%, Advanced Micro Devices added 0.41%, and NVIDIA edged up 0.12%. Sector-wide momentum continued to support individual names including ASE Technology.

ASE Technology had pulled back sharply since September 10, accumulating a short-term decline exceeding 10%. The current rebound carries clear characteristics of an oversold recovery. On the fundamental side, the company reported August revenue of NT$82.25 billion, up 45.7% year-over-year, and recently secured additional advanced packaging and testing orders from Google for its TPU program and from Intel for its EMIB platform. Its Singapore subsidiary also completed a $40.9 million machinery acquisition to expand production capacity.

(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.)