On November 6, ASE Technology rose 7.84% in Pre-Market Trading, trading at $32.05 per share, with turnover of $186 thousand.

The direct catalyst was the company’s disclosed plan to invest NT$123.7 billion to expand advanced packaging and testing capacity in Kaohsiung, Tainan and other sites to meet AI and HPC demand.

Recent disclosures show the expansion will add smart production lines and automation-related capabilities, while the company had already reported stronger-than-expected third-quarter results, with EPS of about $0.36 to $0.37 on revenue of about $7.64 billion to $7.66 billion. Management also guided fourth-quarter revenue to rise 6% to 8% sequentially and lifted its LEAP-related revenue target to above $4 billion, reinforcing expectations for sustained advanced packaging 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.)