On September 16, ASE Technology rose 3.1% in regular trading, trading at $38.33/share, with turnover of $8.2238 million. The rebound was primarily driven by a broad stabilization across the semiconductor sector, with peer stocks including Intel up 5.71%, Advanced Micro Devices up 2.8%, NVIDIA up 0.77%, Broadcom up 0.43%, and Micron Technology up 0.17%, generating sector-wide upward momentum.

ASE Technology had pulled back continuously since September 10, with short-term cumulative losses exceeding 10%, and the current rebound carries clear characteristics of an oversold technical recovery. During the prior selloff on September 14, the stock had fallen as much as 5.5% amid a sector-wide rout, with trading volume surging to $33.078 million, reflecting intense profit-taking pressure accumulated from earlier rapid gains.

On the fundamental side, ASE Technology reported August revenue of NT$82.25 billion, a year-over-year increase of 45.7%. The company also secured additional advanced packaging and testing orders from Google for its TPU program and from Intel for its EMIB advanced packaging platform. Market estimates suggest Google TPU shipments could reach 12 to 15 million units by 2028, with ASE positioned as a key beneficiary given its 2.5D and 3D advanced packaging capabilities. Industry-wide advanced packaging and testing pricing has risen approximately 5% to 10% as AI chip testing complexity increases.

(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.)