🔴 Amkor Technology is trading 10% down today amid a sharp semiconductor selloff

Amkor Technology is trading at $39.29, down 10.15%, as a sharp semiconductor selloff and broader risk-off sentiment weigh on shares.

• No company-specific negative catalyst surfaced. Chip stocks weakened after Lam Research’s cautious outlook, while concerns about AI spending and rising oil prices added pressure.
• The drop follows Amkor Technology’s prior-session rally on news of a $1.3 billion South Korea capacity agreement with NVIDIA, bringing its multi-year commitments to $3 billion.