On July 28, ASE Technology fell 6.48% in regular trading, trading at $33.025/share, with turnover of $38.6242 million.
On the news front, the semiconductor sector experienced a broad sell-off, with Micron Technology down 10.09%, Advanced Micro Devices down 8.62%, SK hynix down 8.40%, Intel down 7.07%, and NVIDIA down 1.66%, collectively weighing on the stock.
ASE Technology is scheduled to release its latest quarterly earnings on July 30, with consensus estimates projecting revenue of $5.95 billion, a 23.25% year-over-year increase, and EBIT growth of 92.07%. The approaching earnings window, combined with profit-taking pressure following a 7.82% single-day surge earlier, has sustained a wait-and-see sentiment among investors. The stock's decline largely tracked the sector average.
(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.)