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AMKOR Technology Inc. - AMKR STOCK NEWS

Welcome to our dedicated news page for AMKOR Technology (Ticker: AMKR), a resource for investors and traders seeking the latest updates and insights on AMKOR Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMKOR Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AMKOR Technology's position in the market.

News
Amkor Technology to Announce First Quarter 2024 Financial Results on April 29, 2024
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) will release its first-quarter 2024 financial results on April 29, 2024. The management will conduct a conference call and webcast to discuss the results at 5:00 p.m. ET. Investors can access the webcast and presentation on Amkor's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.69%
Tags
earnings
-
News
Infineon and Amkor Deepen Partnership and Strengthen European Supply Chain for Semiconductor Solutions
Rhea-AI Summary
Infineon Technologies AG partners with Amkor Technology, Inc. to strengthen its outsourced backend manufacturing footprint in Europe, establishing a packaging and test center in Porto. Operations set to begin in the first half of 2025, enhancing the semiconductor supply chain and resilience for automotive customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
partnership
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News
Amkor Technology to Present at Upcoming Conferences
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) will be participating in investor conferences hosted by Morgan Stanley and KeyBanc Capital Markets in March 2024. The presentations will take place in San Francisco, CA, with live webcasts and replays accessible on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
conferences
News
Amkor Technology Declares Quarterly Dividend
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) declares a quarterly cash dividend of $0.07875 per share, payable on April 1, 2024, to stockholders of record as of March 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
dividends
-
News
Amkor Technology Reports Financial Results for the Fourth Quarter and Full Year 2023
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) reported fourth-quarter 2023 net sales of $1.75 billion and full-year 2023 net sales of $6.50 billion, down 8% year-on-year. Despite a cyclical downturn, the company's net income was $360 million, with earnings per diluted share of $1.46. Amkor's president and CEO, Giel Rutten, highlighted the company's strategic focus on Advanced packaging, record revenue in Communications, support for AI deployment, and growth in ADAS and Electrification solutions in the Automotive market. However, the company's first-quarter 2024 guidance indicates a more than seasonal decline in Communications and weakness in the Automotive & Industrial end market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.01%
Tags
earnings
-
News
Amkor Technology to Announce Fourth Quarter and Full Year 2023 Financial Results on February 5, 2024
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) will release its Q4 and full year 2023 financial results on February 5, 2024. The management will host a conference call and webcast to review the results. Investors can access the live webcast and slide presentation on Amkor’s Investor Relations website. An archived replay will be available after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
earnings
News
Amkor and GlobalFoundries Cut Ribbon on Strategic Cooperation in Portugal
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) and GlobalFoundries (GF) have announced a strategic partnership to strengthen the European automotive supply chain and expand services for global customers. The partnership involves the transfer of 50 tools from GF's Dresden site to Amkor's Porto, Portugal facility, with the goal of establishing the first at-scale back-end facility in Europe. The collaboration aims to aid the European Union in its drive toward automotive semiconductor manufacturing regionalization and ensure supply chain stability. Amkor's global footprint and strong European presence combined with GF's tools, processes, and know-how will enable the Porto site to deliver the next-generation automotive and other critical chip solutions. This partnership represents a significant stride in the expansion of offerings and overall footprint in Portugal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
none
-
News
Amkor Technology Submits Net Zero Goal to Science Based Targets initiative (SBTi)
Rhea-AI Summary
Amkor Technology, Inc. (Nasdaq: AMKR) commits to achieving net zero greenhouse gas emissions by 2050, aligning with the Science Based Targets initiative (SBTi) to limit global temperature rise to 1.5°C. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 55% by 2033 and setting science-based targets for 67% of Scope 3 emissions by 2028. Amkor's president and CEO, Giel Rutten, emphasizes the commitment to decarbonization and collaboration with suppliers to achieve the net zero goal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
Tags
none
-
News
Amkor Announces US Advanced Packaging and Test Facility
Rhea-AI Summary
Amkor Technology, Inc. (Nasdaq: AMKR) is constructing a new advanced packaging and test facility in Peoria, Arizona, with a projected investment of $2 billion and 2,000 new jobs. The facility will be the largest outsourced advanced packaging facility in the US, supporting high-performance computing, automotive, and communications. Amkor has secured 55 acres of land for the state-of-the-art manufacturing campus. The first phase is targeted to be ready for production within the next two to three years. The project has garnered strong support from the City of Peoria, the Arizona Commerce Authority, and government authorities, and Amkor has applied for CHIPS funding. Apple will be the first and largest customer of the new facility, and Amkor has worked closely with Apple on the strategic vision and initial manufacturing capability of the Peoria facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
none
News
Amkor Technology to Present at Upcoming Conferences
Rhea-AI Summary
Amkor Technology, Inc. (AMKR) Announces Participation in UBS Global Technology Conference and Nasdaq 49th International Investor Conference. The company's presentations will be available via live webcasts and replays on their Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
conferences
Stock AMKR logo
AMKOR Technology Inc.

Nasdaq:AMKR

AMKR Rankings

#974 Ranked by Market Cap
#2000 Ranked by Stock Gains
#1774 Ranked by Dividends

AMKR Stock Data

7.68B
109.33M
74.04%
43.61%
1.26%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Tempe

About AMKR

amkor technology, inc. is one of the world’s largest providers of outsourced semiconductor packaging and test services. founded in 1968, amkor pioneered the outsourcing of ic packaging and test, and is now a strategic manufacturing partner for more than 250 of the world’s leading semiconductor companies, foundries and electronics oems. amkor’s operational base includes 10 million square feet of floor space with production facilities, product development centers, and sales and support offices located in key electronics manufacturing regions in asia, europe and the u.s. amkor offers a suite of services, including package design and development, wafer probe and package test, wafer bumping and redistribution services, assembly and final test. the availability of high quality packaging and test services allows our customers to focus their resources on semiconductor design and wafer fabrication while engaging with amkor as their technology innovator in packaging and test solutions. amkor ‘s