On June 15, Amkor Technology rose 5.42% in regular trading, trading at $85.055/share, with turnover of $174 million. On the news front, the company is considering investing 1 trillion KRW (approximately $700 million) to expand its Gwangju, South Korea facility, primarily driven by a significant surge in advanced packaging orders from TSMC that has pushed existing production lines beyond capacity.

The expansion plan focuses on advanced packaging capacity, with the first phase targeting 500 billion KRW in investment to be completed before 2030. Additionally, at its recent Investor Day, the company released 2030 financial targets including revenue exceeding $11 billion, gross margin above 22%, and EPS surpassing $5 — approximately three times current levels. Growth is anchored in 2.5D/HDFO/CPO advanced packaging platforms, tied to dual tailwinds of AI compute demand growth and semiconductor manufacturing reshoring.

Within the Semiconductor Equipment sector, peer stocks also gained, with Lam Research up 5.27%, Applied Materials up 3.83%, and AXT Inc up 13.45%, reflecting broad sector strength alongside company-specific catalysts that continue to propel shares higher.

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