Amkor Technology Logs Higher 2Q Sales, Profit on Strategic Partnerships, AI Growth

Dow Jones

Jul 28

Amkor Technology logged an increase in sales and profit in the second quarter, as the company expanded partnerships and capitalized on the artificial intelligence momentum.

The semiconductor product and services provider on Monday posted a profit of $174 million, or 70 cents a share, in its second quarter, compared with $54.3 million, or 22 cents a share, a year earlier.

Analysts polled by FactSet expected a profit of 48 cents a share.

Revenue rose 26% to $1.90 billion. Analysts surveyed by FactSet forecast revenue of $1.82 billion.

"During the first half of 2026, we expanded strategic partnerships across the semiconductor ecosystem, advanced key customer programs in AI and HPC, and continued the expansion of our Advanced packaging and test capacity," said Kevin Engel, president and chief executive officer.

Amkor expects sales in the third quarter to be between $1.95 billion to $2.05 billion, compared to the $2.10 billion analysts are projecting. Third quarter profit is expected between $180 million to $205 million, or 72 to 82 cents a share, compared with Wall Street's estimate of 63 cents a share.

Write to Anvee Bhutani at anvee.bhutani@wsj.com

(END) Dow Jones Newswires

July 27, 2026 16:29 ET (20:29 GMT)

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Third quarter profit is expected between $18","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","ARTY":"ISHARES FUTURE AI & TECH ETF","VTHR":"Vanguard Russell 3000 ETF","QTOC":"Innovator Growth Accelerated Plus ETF - October","AGIX":"通用人工智能 ETF-AGIX","AMKR":"艾马克技术公司","AIPO":"Defiance AI and Power Infrastructure ETF"},"translate_title":"Amkor Technology 第二季度销售额、战略合作伙伴关系利润和人工智能增长均有所增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARTY":1.5,"VTHR":1.5,"AGIX":1.5,"AMKR":1.5,"QTOC":1.5,"AIPO":1.5,"CHAT":1.5},"content_text":"Amkor Technology logged an increase in sales and profit in the second quarter, as the company expanded partnerships and capitalized on the artificial intelligence momentum. \n\n\n  The semiconductor product and services provider on Monday posted a profit of $174 million, or 70 cents a share, in its second quarter, compared with $54.3 million, or 22 cents a share, a year earlier. \n\n\n  Analysts polled by FactSet expected a profit of 48 cents a share. \n\n\n  Revenue rose 26% to $1.90 billion. Analysts surveyed by FactSet forecast revenue of $1.82 billion. \n\n\n  \"During the first half of 2026, we expanded strategic partnerships across the semiconductor ecosystem, advanced key customer programs in AI and HPC, and continued the expansion of our Advanced packaging and test capacity,\" said Kevin Engel, president and chief executive officer. \n\n\n  Amkor expects sales in the third quarter to be between $1.95 billion to $2.05 billion, compared to the $2.10 billion analysts are projecting. Third quarter profit is expected between $180 million to $205 million, or 72 to 82 cents a share, compared with Wall Street's estimate of 63 cents a share. \n\n\n \n\n\n  Write to Anvee Bhutani at anvee.bhutani@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 27, 2026 16:29 ET (20:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}