$AMKR

Rutten Guillaume Marie Jean sold 50,000 shares of AMKOR TECHNOLOGY, INC. (AMKR) at an average of $54.92 ($54.50–$55.35, $2.75M total) across 2 trades over 2026-08-05 to 2026-08-06.

Amkor Technology (AMKR) said it signed a multi-year $1.5 billion agreement with Nvidia (NVDA) to expand advanced chip packaging and testing capacity in the US, including Arizona, and to jointly develop packaging technologies for Nvidia’s AI and accelerated-computing platforms. The deal includes a prepayment and deepens an existing relationship. Nvidia reports earnings Aug. 26; Wall Street expects about $91.8B revenue and $2.08 EPS.

Amkor Technology (AMKR) shares fell more than 24% and dropped below the 200-day moving average for the first time since Aug 2025. B. Riley cut its price target to $65 from $75 and kept a Neutral rating, citing near-term volatility from weakness in communications and AI sentiment risk. Morgan Stanley raised its target to $70. AMKR expects Q3 revenue of $1.95B to $2.05B vs $2.12B consensus.

The article says Peoria, Arizona secured control of 843 acres of state land to create shovel-ready industrial sites, including the Peoria Innovation Core. It cites Peoria’s $140 million land purchase and Amkor’s plan for a $7 billion advanced packaging and test facility, supported by up to $407 million in CHIPS Act funding. It also lists regional infrastructure funding and projected hiring needs.

Amkor reported Q2 CY2026 revenue of $1.90B, above $1.82B estimates, and adjusted EPS of $0.70 vs $0.48. Adjusted EBITDA was $400M. Management cited utilization rates in the 70% range and partnership momentum, including SiP transition timing headwinds into H1 next year. Q3 revenue guidance is $2.0B midpoint.

Engel Kevin K. (President and CEO) sold 3,221 shares of AMKOR TECHNOLOGY, INC. (AMKR) at $47.00 ($0.15M total) on 2026-07-30.

Amkor Technology, Inc. recently reported stronger second-quarter 2026 results, with sales of US$1.90 billion and net income of US$173.75 million, while also issuing third-quarter guidance and reporting no share repurchases under its latest buyback authorization. In the same period, Amkor announced a multi-year partnership with NVIDIA to co-develop advanced AI packaging technologies and expand U.S. capacity, underscoring its role in supporting next-generation accelerated computing infrastructure.

US stocks settled mostly higher as Q2 earnings results beat expectations, with 86% of 170 S&P 500 companies so far topping estimates, per Bloomberg. Megacap tech results were awaited from Microsoft and Meta (Wed) and Amazon and Apple (Thu). Consumer confidence fell to 90.8 and Richmond Fed manufacturing rose to 5. Crypto-linked shares fell after Bitcoin dropped.

Amkor Technology (AMKR) has gained 116% over the past year versus 101% for the iShares Semiconductor ETF (SOXX), supported by AI packaging demand and better-than-expected earnings. The article cites a forward GAAP P/E of 28.14 and forward P/S of 1.96, both above historical averages. Analysts at UBS and Needham raised targets to $90. Consensus median target is $75.75.

Amkor Technology reported 26% year-on-year Q2 revenue growth, citing broad demand and record computing plus automotive/industrial performance. Profitability improved as utilization rose into the 70s. Management is migrating SiP production from Korea to Vietnam and expects Q3 computing revenue to rise nearly 30% sequentially, while communications revenue declines in the high single digits. A $21m real-estate gain and a 14% tax rate were noted.