Amkor Technology hosted its 2026 Investor Day, outlining a long-term strategic plan and financial targets through 2030. The company's growth strategy is centered on leadership in advanced packaging, driven by demand from AI and high-performance computing, and includes a significant expansion with its new facility in Arizona.
Key Details
- 2030 Financial Targets: The company is targeting revenue of approximately $11 billion or more, a gross margin of around 22% or higher, and EPS exceeding $5.00.
- 2028 Financial Targets: Mid-term goals for 2028 include revenue of $9.0 billion (+/- $500M), a gross margin of 17.5% (+/- 100bps), and EPS of $2.50 (+/- $0.25).
- Arizona Facility Update: The new Arizona facility is a key growth driver, with production scheduled to start in 2028. Phase 1 is expected to contribute approximately $1 billion in revenue at full scale with a gross margin profile above 30%.