Profile
Sector:
TechnologyIndustry:
Semiconductor Equipment & MaterialsCountry:
United StatesIPO:
01 May 1998Website:
http://amkor.comNext earnings report:
05 February 2025Last dividends:
03 September 2024Next dividends:
04 December 2024Price
after hours | Wed, 20 Nov 2024 23:45:21 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
AMKR Latest News
AMKR's present financials are subdued by weakness across multiple end markets due to the challenging macroeconomic environment.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Lightmatter, the leader in photonic supercomputing, today announced a strategic partnership with Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, to create the largest-ever 3D-packaged chip complex utilizing Lightmatter's innovative Passage™ platform. This collaboration harnesses Lightmatter's groundbreaking 3D-stacked photonic engine along with Amkor's advanced multi-die packaging expertise to meet t.
TEMPE, Ariz.--(BUSINESS WIRE)--Amkor declares increase in dividend and special dividend.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Amkor Technology (AMKR) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the last reported on October 28. The stock was hit hard after the miss thanks to some soft guidance.
AOS, ASLE and AMKR have been added to the Zacks Rank #5 (Strong Sell) List on October 31, 2024.
AMKR's Q3 results reflect the negative impact of the ongoing inventory corrections and weak demand in the Automotive and Industrial end markets.
Amkor Technology's advanced packaging leadership and partnership with TSMC are key growth drivers, targeting a $37 per share price within a year. AMKR's expansion in Korea, Vietnam, and a new facility in Arizona, supported by government funding, strengthens its market position. Despite a weak Q3 result, long-term growth is expected, driven by rising semiconductor demand in AI, automotive, and high-performance computing markets.
Amkor Technology (AMKR) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.54 per share a year ago.
AMKR's Q3 results are likely to reflect benefits from SiP technology and 2.5D technology, despite ongoing inventory corrections.
What type of business is Amkor Technology?
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage. The company also provides wafer-level CSP packages for power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages used in power management, transceivers, radar, and specialty silicon; silicon wafer integrated fan-out technology that replaces a laminate substrate with a thinner structure; leadframe packages for electronic devices and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate. In addition, it offers micro-electro-mechanical systems packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. Further, the company provides wafer, package, and system level test services, as well as burn-in test and test development services. It serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. The company was founded in 1968 and is headquartered in Tempe, Arizona.
What sector is Amkor Technology in?
Amkor Technology is in the Technology sector
What industry is Amkor Technology in?
Amkor Technology is in the Semiconductor Equipment & Materials industry
What country is Amkor Technology from?
Amkor Technology is headquartered in United States
When did Amkor Technology go public?
Amkor Technology initial public offering (IPO) was on 01 May 1998
What is Amkor Technology website?
https://amkor.com
Is Amkor Technology in the S&P 500?
No, Amkor Technology is not included in the S&P 500 index
Is Amkor Technology in the NASDAQ 100?
No, Amkor Technology is not included in the NASDAQ 100 index
Is Amkor Technology in the Dow Jones?
No, Amkor Technology is not included in the Dow Jones index
When was Amkor Technology the previous earnings report?
No data
When does Amkor Technology earnings report?
The next expected earnings date for Amkor Technology is 05 February 2025