On July 15, ASE Technology rose 4.44% in pre-market trading, trading at $42.74/share, with turnover of $341.27. The stock continues its technical rebound following multiple sessions of profit-taking after a single-day surge of over 10% driven by strong June revenue data.
On the fundamental side, the company previously reported June consolidated revenue of NT$65.78 billion, up 32.9% year-over-year, with core ATM (Assembly, Testing, and Material) business revenue surging 41.8% YoY to NT$43.49 billion. Additionally, the company announced on July 1 that advanced packaging prices would increase by over 20%, a medium-to-long-term pricing catalyst that remains intact as institutions continue to project robust AI-driven demand for advanced packaging services.
The broader semiconductor sector strengthened on the day, with Intel up 4.39%, Broadcom up 1.57%, and AMD up 1.6%, reflecting improved industry sentiment that further supported the rebound in individual names.
(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.)