Amkor Technology is trading 6.1% up at $51.22, extending a sharp rebound after its July 27 Q2 earnings delivered record revenue and an EPS beat that exceeded analyst expectations.
- The stock is continuing yesterday’s double-digit bounce as investors re-price the name based on stronger fundamental performance.
- A broad semiconductor sector rally, driven by strong earnings from big-tech and chip-equipment peers, is providing additional tailwinds for today’s move.