All right. Why do you think the futures are down today. Yesterday, we actually saw the futures higher with the same concerns about a government shutdown.Is this investors responding to a very contentious meeting between the president and congressional leaders, or is it something else. Well, we think it's two factors. Clearly, there is more nervousness today.There had been hope yesterday that that meeting with the leaders um would lead us closer to a resolution and not closer to a shutdown. It seems clear co ...

Rutten Guillaume Marie Jean, the director, President, and CEO of NASDAQ:AMKR, sold 10,000 shares at $30 per share, indicating potential insights into the company's future performance.Amkor Technology completed the sale of $500 million in 5.875% senior notes due in 2033 and announced a full redemption of its 6.625% senior notes due in 2027, showcasing its strategic financial management.The company's stock is currently priced at $29.58, with a market capitalization of approximately $7.31 billion, reflecting i ...

Shares of Outsourced Semiconductor Assembly & Test (OSAT) provider Amkor Technology (AMKR) shot up when iPhone-maker Apple's (AAPL) CEO Tim Cook mentioned the company in a recent interview with CNBC's Mad Money. Highlighting Amkor's importance as a packaging partner of the company, Cook stated, “And then, you know, it goes to GlobalWafers, a company that’s in Texas, and they will serve companies like TSMC (TSM), which will do that, provide the fab for the product, for the chips, and then Amkor, another com ...

TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology Completes Sale of $500 Million of its 5.875% Senior Notes and Announces Notice of Full Redemption of its 6.625% Senior Notes due 2027. ...

Company Overview - Amkor Technology (AMKR) shares increased by 9.5% to close at $29.16, with trading volume significantly higher than usual, reflecting a 15.7% gain over the past four weeks [1][2] Market Drivers - The stock's positive momentum is driven by strong demand in AI and high-performance computing, the adoption of advanced packaging technologies like 2.5D and High-Density Fan-Out, robust smartphone launches, growth in automotive ADAS, expanding test capabilities, and a strengthened global presence in regions such as Vietnam and Arizona [2] Earnings Expectations - Amkor Technology is projected to report quarterly earnings of $0.42 per share, indicating a year-over-year decline of 14.3%, while revenues are expected to reach $1.93 billion, reflecting a 3.6% increase from the previous year [2] Earnings Estimate Trends - The consensus EPS estimate for Amkor has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Amkor Technology operates within the Zacks Electronics - Semiconductors industry, where nLight (LASR) also shows positive performance, closing 5.7% higher at $31.2 and achieving a 13.7% return over the past month [4]

Investment Rating - The report maintains an investment rating of "Outperform the Market" for the semiconductor industry [4]. Core Insights - The semiconductor packaging sector has shown significant improvement in gross margins, with leading companies like Huada and Liyang experiencing notable growth [12][13]. - AI continues to be the primary driving force behind industry growth, with major OSAT players focusing on advanced packaging solutions [6][18]. - The report highlights the strong performance of key companies such as Tongfu Microelectronics and ASE Technology, driven by robust demand in AI and automotive electronics [50][47]. Summary by Sections 1. Overview - The gross margin of the semiconductor packaging sector has significantly increased, surpassing levels seen in 2024. In Q2 2025, the gross margin reached 21.44%, up 4.52 percentage points from the previous quarter [12][13]. 2. OSAT - **ASE Technology**: In Q2 2025, ASE's revenue reached 132.13 billion RMB, with a year-on-year growth of 6.68% and a quarter-on-quarter increase of 9.55%. The advanced packaging and testing business has shown strong growth, accounting for over 10% of total revenue [18][19]. - **Anke Technology**: Reported revenue of 107.79 billion RMB in Q2 2025, with a quarter-on-quarter growth of 14.3% and a year-on-year increase of 3.42%. The company is expanding its testing capabilities and focusing on advanced packaging solutions [31][39]. - **Powertech Technology**: Achieved a revenue of 42.26 billion RMB in Q2 2025, with a quarter-on-quarter growth of 16.56%. The company is set to restart significant capital expenditures to expand its production capacity [40][44]. 3. Testing - **King Yuan Electronics**: Capital expenditures surged to 26.62 billion RMB in Q2 2025, reflecting a 149.64% quarter-on-quarter increase and a 474.34% year-on-year increase. All application segments reported growth [2][29]. - **Weichai Technology**: Continued to enhance its high-end testing capacity, with strong revenue and profit growth in H1 2025, driven by AI and automotive electronics [5][35]. 4. Equipment - AI remains the main driver for industry development, with significant growth in TCB, hybrid bonding, and SoC testing machines. ASMPT reported a 50% year-on-year increase in TCB equipment orders in H1 2025 [5][4]. 5. Market Trends - The smartphone market is experiencing regional differentiation, with strong growth in specific areas such as the Middle East and Africa. The PC market saw an 8.4% year-on-year increase in shipments in Q2 2025 [6][11]. 6. Investment Recommendations - The report suggests focusing on companies involved in packaging, testing, and equipment, including ASE Technology, Tongfu Microelectronics, and ASMPT, as they are expected to benefit from the ongoing advancements in AI and semiconductor technology [6][50].

Core Viewpoint - Apple CEO Tim Cook announced that Amkor Technology will assist Apple in advancing its chip packaging business and supply chain reshoring efforts, leading to an approximately 8% increase in Amkor's stock price during pre-market trading [1] Group 1: Company Developments - Amkor Technology is set to handle the chip packaging work for Apple, following the wafer manufacturing process conducted by TSMC [1] - Amkor recently completed a $500 million senior bond pricing issuance with a coupon rate of 5.875%, maturing in 2033 [1] Group 2: Industry Context - The semiconductor supply chain will involve GlobalWafers in Texas supplying TSMC, which will manufacture the wafers, followed by Amkor in Arizona for packaging [1] - Applied Materials plays a critical role in the semiconductor equipment sector, contributing to the overall localization efforts of the semiconductor industry in the U.S. [1]

TEMPE, Ariz.--(BUSINESS WIRE)--Â Amkor Technology Announces Pricing of $500 Million of its 5.875% Senior Notes due 2033 and Intention to Redeem Senior Notes due 2027. ...

Core Viewpoint - Amkor Technology has announced a proposed offering of senior notes due in 2033 and plans to redeem senior notes that are due in 2027 [1] Group 1 - The company is looking to raise capital through the issuance of senior notes, which indicates a strategy to strengthen its financial position [1] - The redemption of the 2027 senior notes suggests a proactive approach to managing debt and potentially reducing interest expenses [1]

Core Viewpoint - Amkor Technology is set to build a $2 billion advanced packaging and testing facility in Peoria, Arizona, expected to begin production in early 2028, marking a significant step in the U.S. semiconductor supply chain [2][3] Group 1: Facility and Investment - The new facility will occupy 104 acres and aims to address the bottleneck in semiconductor packaging, which has been a limiting factor for companies like Nvidia in producing AI chips [2] - The project received approval from the Peoria City Council on August 29, with plans modified to utilize a larger site in the city's innovation core [2] Group 2: Industry Context - The facility represents a major shift in the U.S. semiconductor landscape, as it aims to catch up with the advanced packaging capabilities predominantly held by Taiwan and South Korea [2] - Amkor's new plant will support high-performance packaging platforms, including TSMC's CoWoS and InFO technologies, which are critical for Nvidia's data center GPUs and Apple's latest chips [3] Group 3: Strategic Partnerships and Support - TSMC has signed a memorandum to transfer its packaging operations from its Phoenix fab to Amkor, reducing the turnaround time for wafers that currently takes weeks to return from Asia [3] - The expansion is partially funded by the CHIPS Act, which includes $407 million and federal tax incentives, aimed at maintaining the U.S. position in the increasingly complex chip industry [3] Group 4: Challenges Ahead - Despite the progress, the opening date in 2028 indicates that the industry may continue to face challenges, particularly in alleviating GPU shortages and AI server bottlenecks, which still rely on established Asian packaging lines [3] - Amkor faces a significant workforce challenge, with an estimated shortage of 70,000 to 90,000 workers needed for all planned U.S. fabs, highlighting the ongoing talent crisis in the semiconductor sector [3]