Why Is Amkor (AMKR) Stock Rocketing Higher Today
Update: 2025-11-03
Description
**Summary:**Amkor Technology's shares surged over fifteen percent following Aletheia Capital's bullish outlook, which highlighted growing demand for advanced chip packaging methods like CoWoS and Amkor's strong position in the U.S. market. The company's third-quarter performance, with higher-than-expected revenue and earnings, further boosted investor confidence, despite a slightly lower revenue estimate for the upcoming quarter. This week's significant jump in shares, now up over forty-two percent this year, underscores the positive impact of Aletheia's buy rating and price target of sixty-two dollars per share.
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