Amkor Stock Under Pressure: Analyst Cuts Rating Due To Trade Policy Concerns, Slowing End Market Growth

On Thursday, Keybanc analyst Steve Barger downgraded Amkor Technology AMKR from Overweight to Sector Weight.The rerating reflects reduced visibility into demand for mobile phones, automobiles, and consumer products, which stems from fluctuating trade policy.Also Read: ASML CFO Incorporates Tariff Impact In Outlook, Reveals Strong Demand For Advanced EUV And High NA SystemsBarger noted that it could exacerbate the expected gross margin pressure in the first half of 2025 due to a temporary socket loss in its ...