🟢 Amkor Technology is trading 4.13% up in pre-market after narrowly missing revenue and EPS estimates

Amkor Technology is trading at $38.16, up 4.13% in pre-market, with renewed AI and semiconductor enthusiasm potentially supporting the rebound.

• October 26 results narrowly missed analyst revenue and EPS estimates, despite record Computing and Automotive & Industrial revenue.
• Fourth-quarter sales guidance was $1.9–$2.0 billion and EPS guidance was $0.65–$0.75, alongside continued Communications weakness.
• The rebound follows Monday’s 6.34% decline. On October 27, Needham maintained Buy but lowered its price target to $55.