ASMPT Shares Surge Nearly 6% in Early Trading as Analysts See Long-Term Boost from Advanced Packaging

Deep News
May 25

ASMPT (00522) saw its shares rise nearly 6% in early trading. At the time of writing, the stock was up 5.55%, trading at HK$184.60 with a turnover of HK$716 million.

Huatai Securities noted that ASMPT's first-quarter orders were impressive, with AI demand continuing to spread from advanced packaging to mainstream back-end processes. Furthermore, silicon photonics and CoPoS are expected to unlock long-term growth potential.

Everbright Securities added that, considering the smooth progress of TCB and HB equipment, the commencement of shipments for HBM4 and 16-layer/20-layer HBM will further strengthen the demand outlook for TCB. The company is actively expanding its customer base in memory and logic advanced packaging, and the firm is optimistic that the advanced packaging business will provide a long-term boost to both performance and valuation.

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