On August 3, ASE Technology rose 3.04% in regular trading, trading at $36.24/share, with turnover of approximately $80.02 million.

On the news front, the company reported Q2 earnings on July 30 that significantly exceeded expectations. Earnings per share came in at $0.29, beating the analyst consensus estimate of $0.17 by 70.59%, representing a 163.64% year-over-year increase. Revenue reached $6.035 billion, topping the $5.99 billion estimate and growing approximately 27% year-over-year. The ATM business segment posted total revenue growth of 36.3% year-over-year in Q2, fully validating the advanced packaging volume and pricing momentum.

The stock had previously pulled back more than 15% from its highs over consecutive trading sessions. The current rise represents a continuation of recovery buying following the strong earnings release, as funds re-enter positions on the confirmed fundamental improvement.

(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.)