On June 12, ASE Technology rose 3.04% in regular trading, trading at $38.015/share, with turnover of $51.90 million.

On the news front, the company recently disclosed unaudited consolidated revenue of NTD 63.033 billion for May, representing a 29% year-over-year increase. Notably, its packaging, testing, and materials segment posted revenue of NTD 42.162 billion, surging 38% year-over-year, indicating sustained robust demand for advanced packaging services.

Additionally, Broadcom's failure to raise AI chip sales guidance previously triggered consecutive selloffs across the semiconductor sector. ASE Technology had dropped from above $40 to approximately $34, accumulating a short-term decline exceeding 11%. The current session extends the oversold rebound trend that has persisted over recent trading days, supported by the company's strong fundamentals including Q1 net profit growth of 87.02% year-over-year, an upgraded advanced packaging revenue target of $3.5 billion, and long-term growth catalysts from AMD's multi-billion-dollar collaboration and new panel-level packaging production lines.

(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.)