Fitch Ratings affirmed Amkor Technology's Long-Term Issuer Default Rating at 'BB+'. The agency revised the company's outlook to Stable. Increased capital expenditures for Arizona capacity will pressure free cash flow for 18 months. Fitch expects these investments to drive accelerated revenue growth. The agency forecasts double-digit negative free cash flow margins in 2026 and 2027.
Zacks Research upgraded Amkor Technology to a strong-buy rating on July 22, 2026. Allspring Global Investments Holdings LLC increased its stake by 117.6% in the first quarter. Institutional investors continue to expand their positions in the company.