On July 9, ASE Technology rose 5.11% in pre-market trading, trading at approximately $42.21/share, with turnover of $2.0654 million.

On the news front, the company reported June revenue of NT$65.78 billion (approximately $2.09 billion), up 33% year over year. Notably, assembly, testing, and material revenue surged 42% YoY to NT$43.49 billion, significantly exceeding market expectations. Additionally, the company announced on July 1 an advanced packaging price increase of over 20%, covering CoWoS and FoCoS products, with US core clients included in the adjustment scope.

The stock had previously experienced a cumulative pullback exceeding 10% over two sessions due to ex-dividend effects and broad semiconductor sector pressure. Bank of America raised the company's valuation outlook, projecting the server CPU-related packaging and testing market could expand from $1.9 billion to $9.6 billion. The company is also expanding capacity aggressively, adding 15 new sites with capital expenditure budgeted at $8.5 billion to meet surging AI demand.

(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.)