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Amkor Technology, Inc. - $AMKR STOCK NEWS

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

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.

Rhea-AI Summary
Amkor Technology, Inc. announces a secondary underwritten public offering of 10,000,000 shares of common stock by selling stockholder 915 Investments, LP. The underwriters have a 30-day option to purchase up to an additional 1,500,000 shares. The company will not receive any proceeds from the sale. The Kim family and their affiliates will continue to own a majority of Amkor's shares. The selling stockholder and the company have lock-up agreements preventing the sale of remaining shares for 365 days and 60 days, respectively. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are joint lead bookrunning managers. Goldman Sachs & Co. LLC and Guggenheim Securities, LLC are joint bookrunners. B. Riley Securities, Inc., D.A. Davidson & Co., KeyBanc Capital Markets Inc., and Needham & Company, LLC are co-managers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.32%
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Rhea-AI Summary
Amkor Technology, Inc. to ring Nasdaq Closing Bell in celebration of its 55th anniversary and 25th anniversary as a publicly traded company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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Rhea-AI Summary
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Rhea-AI Sentiment
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-2.2%
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dividends
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Rhea-AI Sentiment
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1.89%
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Rhea-AI Sentiment
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-0.14%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
1.61%
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Rhea-AI Summary
Amkor Technology, Inc. will participate in the Baird 2023 Global Consumer, Technology & Services Conference on June 6, 2023. The presentation will be held at 12:15pm Eastern Time at the InterContinental New York Barclay. A webcast will be available on Amkor's Investor Relations website.
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Rhea-AI Sentiment
End-of-Day
-0.26%
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conferences
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Rhea-AI Summary
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Rhea-AI Sentiment
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-0.14%
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dividends
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Rhea-AI Summary
Amkor Technology, Inc. announced its financial results for Q1 2023. Net sales were $1.5 billion, gross profit was $194 million, and operating income was $69 million. Net income was $45 million, with earnings per diluted share of $0.18. EBITDA was $229 million. Revenue in the Automotive and Industrial end market grew 14% YoY, and revenue in the Communications end market grew 2% YoY. Total cash and short-term investments were $1.3 billion, and total debt was $1.2 billion.
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Rhea-AI Sentiment
End-of-Day
-5.95%
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Rhea-AI Sentiment
End-of-Day
1.53%
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Amkor Technology, Inc.

Nasdaq:AMKR

AMKR Rankings

AMKR Stock Data

8.16B
109.33M
74.04%
43.61%
1.26%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
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