Amkor Technology Shares Surge on Strong Results, Analyst Rating
Update: 2025-12-10
Description
Amkor Technologys stock surged by over two percent today, reaching a new fifty-two-week high, following strong third-quarter earnings and a positive new analyst rating. The companys revenue hit one point nine nine billion dollars, exceeding forecasts, and earnings per share came in higher than anticipated. Aletheia Capital initiated coverage on Amkor with a Buy rating and a sixty-two dollar price target. Intels decision to outsource its EMIB process to Amkors facility in South Korea also contributed to the positive momentum. Since the beginning of the year, Amkor is up seventy-five point four percent, with investors seeing a significant long-term growth in their investment.
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