Amkor Technology, Inc. (AMKR)


July 17, 2024

AMKR: Q2 Call Should Still Point to Big H2

By Steven Fox

We are confident Amkor Technology (AMKR; $41.22; E/W) still guides to a significant sales recovery in H2 when it reports Q2 results on July 29th (after market) since our checks suggesting confidence in at least…

Read More >>

June 3, 2024

AMKR: More Support for 2.5D Packaging Demand

By Steven Fox

We think news flow over the weekend out of Advanced Micro Devices (AMD; $161.57; NR) and NVIDIA (NVDA; $1,130.04; NR) provides further support to the idea that Amkor Technology (AMKR; $32.00; E/W) is well positioned…

Read More >>

April 30, 2024

AMKR: Puts In Cyclical Bottom

By Steven Fox

We bump up our 2024/2025E EPS for Amkor Technology (AMKR; $31.47; E/W) from $1.60/$2.20 to $1.75/$2.25 after some better Q1 results and Q2E guidance. AMKR also still looks for a robust H2 recovery in sales,…

Read More >>

April 29, 2024

AMKR: First Look at Q1 Results and Outlook

By Steven Fox

Amkor Technology (AMKR; $31.47; E/W) reported Q1 EPS of $0.24, which handily beat our $0.10 and the Street’s $0.11 on basically as expected sales ($1,366mm vs. our $1,363mm and the Street’s $1,357mm). Recall, AMKR’s Q1…

Read More >>

April 18, 2024

AMKR: Do H1 Results Matter Much for the Stock?

By Steven Fox

We continue to wonder if Amkor Technology’s (AMKR; $30.10; E/W) Q1 results and Q2E outlook, scheduled for April 29th (after market), are limited more than originally expected by a generally high exposure to still challenging…

Read More >>

April 8, 2024

AMKR: Expands Partnership with Infineon

By Steven Fox

This morning, Infineon Technologies (IFX.DE; €32.18; NR) announced a new multi-year strategic partnership with Amkor Technology (AMKR; $31.45; E/W) that further expands Infineon’s use of outsourced backend manufacturing in Europe. The two companies will operate…

Read More >>

March 13, 2024

AMKR: Positioned Well for Rising Complexities; Initiate with Equal-Weight

By Steven Fox

We initiate coverage of Amkor Technology (AMKR; $33.08) with an Equal-Weight rating after a 62% rally in its shares since late-October. Amkor, founded in 1968, is a top player in the outsourced semiconductor assembly and…

Read More >>