On July 27, ASE Technology fell 3.23% in regular trading, trading at $35.61/share, with turnover of $46.54 million. The stock reversed earlier pre-market gains as the broader semiconductor sector turned sharply lower during the session.

On the news front, the semiconductor sector experienced broad-based selling pressure, with Micron Technology down 5.6%, SK hynix down 7.41%, Advanced Micro Devices down 6.58%, Intel down 3.79%, and NVIDIA down 3.52%, dragging ASE Technology lower in sympathy. The company is scheduled to release its latest quarterly earnings on July 30, with consensus expectations for revenue of $5.95 billion representing 23.25% year-over-year growth, and EBIT expected to surge 92.07%. The stock had previously surged 7.82% in a single session following confirmation of advanced packaging price hikes exceeding 20%, and profit-taking pressure combined with pre-earnings caution has weighed on shares in recent sessions.

(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.)