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Amkor Technology: Weak Near-Term Guidance Has Created A Buying Opportunity Post-Q2
AMKRAmkor Technology(AMKR) Seeking Alpha·2024-07-31 09:09
Monty Rakusen Introduction Amkor Technology (NASDAQ:AMKR) just released its Q2’24 results and guidance came in lighter than expected. However, given an 18% drop in shares, I believe shares offer compelling value given Amkor’s strong market position in the outsourced assembly and test manufacturing market and its differentiated portfolio of advanced packaging solutions. In my view, the company is well-positioned to intercept the strong underlying demand trends in semiconductor and the technology transiti ...