🔴 Amkor Technology is trading 4.76% down in after-hours trading as Intel’s weak Q4 outlook pressures chipmakers

Amkor Technology is trading 4.76% lower at $39.25 in after-hours trading, pressured by sector selling following Intel’s weak fourth-quarter forecast.

• Amkor closed regular trading at $41.21 on October 29.
• Reuters reported Intel shares tumbled 18% after hours; other chipmakers and the semiconductor index also fell after the report.
• No new Amkor-specific announcement was found for October 29.