Movement Alert|ASE Technology Rises 3.07% in Regular Trading, Technical Rebound Continues After Profit-Taking as Semiconductor Sector Strengthens

Market Focus
07/15

On July 15, ASE Technology rose 3.07% in regular trading, trading at $41.84/share, with turnover of $9.76 million.

On the news front, the stock continued its technical recovery following several sessions of profit-taking that came after a single-day surge of over 10% driven by strong June revenue data. The company previously reported June consolidated revenue of NT$65.78 billion, up 32.9% year-over-year, with its core ATM (Assembly, Testing, and Material) business surging 41.8% YoY to NT$43.49 billion. The mid-to-long-term pricing thesis remains intact after the company announced on July 1 that advanced packaging prices would be raised by more than 20%, supported by institutional optimism around AI-driven demand for advanced packaging solutions.

The broader semiconductor sector traded higher on the session, with Broadcom up 1.82%, Advanced Micro Devices up 1.19%, and Intel up 0.36%, providing a favorable backdrop for the rebound.

(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.)

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