Movement Alert|ASE Technology Rises 3.08% in Pre-Market Trading, Technical Rebound After Consecutive Profit-Taking as Semiconductor Sector Strengthens

Market Focus
Jul 14

On July 14, ASE Technology rose 3.08% in pre-market trading, trading at $41.8/share, with turnover of $2.5582 million. The stock rebounded following several consecutive sessions of profit-taking that had pulled shares back from a single-day surge of over 10% on July 9.

The broader semiconductor sector strengthened significantly during the session, with Micron Technology up 5.15%, AMD up 4.74%, Intel up 4.31%, Broadcom up 2.91%, and NVIDIA up 1.9%, lifting overall industry sentiment and providing a supportive backdrop for the recovery.

The company reported June consolidated revenue of NT$65.78 billion, up 32.9% year-over-year, with its core ATM business surging 41.8% to NT$43.49 billion. Additionally, ASE announced on July 1 that advanced packaging prices would be raised by over 20%, a medium-to-long-term pricing catalyst that remains intact. Institutions continue to view AI-driven demand for advanced packaging as a structural growth driver for the company.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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