Movement Alert|ASE Technology Rises 3.08% in Regular Trading, Technical Rebound After Profit-Taking Combined With Semiconductor Sector Strength

Market Focus
Jul 14

On July 14, ASE Technology rose 3.08% in regular trading, trading at $41.68/share, with turnover of $22.10 million. The stock rebounded after consecutive sessions of profit-taking, supported by broad-based strength across the semiconductor sector.

On the news front, the semiconductor sector rallied notably, with Advanced Micro Devices up 5.35%, Micron Technology up 4.37%, Intel up 3.86%, Broadcom up 1.18%, and NVIDIA up 0.66%. ASE Technology had previously surged over 10% in a single session after reporting June consolidated revenue of NT$65.78 billion, up 32.9% year-over-year, with core ATM business revenue soaring 41.8% YoY. The stock subsequently pulled back over multiple sessions as short-term profit-taking pressure built. The company announced on July 1 that advanced packaging prices would be raised by over 20%, and the mid-to-long-term pricing logic remains intact as institutions continue to be bullish on AI-driven demand for advanced packaging, providing a backdrop for technical recovery.

(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.)

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