On June 11, ASE Technology rose 3.12% in regular trading, trading at $35.57/share, with trading volume of $31.59 million.

On the news front, the company disclosed its latest unaudited consolidated revenue for May at NT$63.03 billion, representing a 29% year-over-year increase. Notably, the packaging, testing, and materials segment posted revenue of NT$42.16 billion, surging 38% year-over-year, indicating sustained robust demand for advanced packaging services.

Additionally, the semiconductor sector has been recovering from a broad selloff triggered by Broadcom's failure to raise its AI chip sales guidance. ASE Technology had previously declined from above $40 to approximately $34, accumulating a short-term drop exceeding 11%. The current oversold rebound trend continues, with sector peers broadly advancing — Micron Technology up 2.48%, Marvell Technology up 4.05%, Advanced Micro Devices up 5.70%, and Intel up 9.80%.

(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.)