News about Amkor

Amkor Technology plans to invest further in South Korea to expand advanced packaging capacity under multi-year agreements with NVIDIA totaling US$3b across Arizona and Korea. The deal deepens Amkor's role in NVIDIA's AI and accelerated computing supply chain and ties factory loading to concrete customer commitments, which aims to address the underutilization risk flagged by management. The key near-term question is whether strength in Computing and Automotive and Industrial can offset softer Communications orders and the SiP shift to Vietnam, while AI programs must ramp into the new Korean capacity to avoid margin pressure from higher fixed costs and depreciation. The analyst framework projects revenue of US$10.1b and earnings of US$918.6m by 2029, assuming 10.5% yearly top-line growth and earnings up about US$363.1m from US$555.5m today.

Amkor Technology (AMKR) shares jumped 7.1% in pre-market trading after the company announced a new $1.3 billion agreement with NVIDIA to expand capacity in South Korea, bringing total multi-year commitments across Arizona and South Korea to $3 billion. The stock later cooled to $42.94, up 3% from the previous close. The article says the deal gives Amkor clear revenue visibility and underscores the importance of advanced packaging for high-performance chip demand. Amkor's shares are very volatile, with 68 moves greater than 5% over the past year, and they are flat year to date and 54.1% below their 52-week high of $93.55 from June 2026.