Goldman downgraded ASE Technology from Buy to Neutral and set a new price target of $8.10 from $13.30 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | Neutral → Buy | UBS | |
| 9/16/2024 | Equal-Weight → Overweight | Morgan Stanley | |
| 6/25/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 7/28/2023 | $6.60 → $9.19 | Neutral → Buy | Goldman |
| 6/28/2023 | $6.47 | Buy → Hold | HSBC Securities |
| 2/10/2023 | Buy → Hold | China Renaissance | |
| 10/7/2021 | $13.30 → $8.10 | Buy → Neutral | Goldman |
| 6/25/2021 | Buy → Neutral | Nomura |
3 - ASE Technology Holding Co., Ltd. (0001122411) (Reporting)
ASE Technology Holding Co (NYSE:ASX) reported a fiscal second-quarter 2024 net revenue growth of 2.9% year-on-year to 140.24 billion New Taiwan dollars ($4.35 billion), missing the analyst consensus estimate of $4.51 billion. The revenue of the Apple Inc (NASDAQ:AAPL) chip supplier grew by 5.6% quarter-on-quarter. Net revenues for ATM (assembly, testing, and material) business was 77.81 billion New Taiwan dollars, up by 2.2% Y/Y and 5.3% Q/Q. EMS (electronic manufacturing services) net revenues were 62.91 billion New Taiwan dollars, up by 4.1% Y/Y and 6.0% Q/Q. Gross margin increased by 70 bps Q/Q to 16.4%. The operating margin grew by 70 bps Q/Q to 6.4%. Diluted EPS was 1.75 Ne
UBS upgraded ASE Technology from Neutral to Buy
Morgan Stanley upgraded ASE Technology from Equal-Weight to Overweight
Morgan Stanley downgraded ASE Technology from Overweight to Equal-Weight
The only semiconductor company in the world to secure the highest ESG scores in the Semiconductor and Semi Equipment Industry Group ASE Technology Holding Co., Ltd. ((ASEH, IEX:3711, NYSE:ASX), the leading provider of semiconductor packaging, test, and system assembly services, today announced that it has been included in the 2023 Dow Jones Sustainability Indices (DJSI) World and Emerging Markets. ASEH has also emerged as the only global enterprise to have received the highest scores on the DJSI - Semiconductors and Semiconductor Equipment Industry Group for eight consecutive years. The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companie
6-K - ASE Technology Holding Co., Ltd. (0001122411) (Filer)
6-K - ASE Technology Holding Co., Ltd. (0001122411) (Filer)
6-K - ASE Technology Holding Co., Ltd. (0001122411) (Filer)
SC 13D - ASE Technology Holding Co., Ltd. (0001122411) (Filed by)
World's First 3D Photonic Interconnect with Pluggable Fiber for AI Data Centers Lightmatter, the leader in photonic supercomputing, today announced a strategic collaboration with Advanced Semiconductor Engineering, Inc. ((ASE, a member of ASE Technology Holding Inc., NYSE:ASX, TWSE: 3711)), the world's largest semiconductor packaging and testing services provider. The partnership will focus on advancing Lightmatter's Passage™ platform, the world's first 3D-stacked photonics engine with pluggable fiber, to overcome the critical AI interconnect bottlenecks hindering today's data center infrastructure. This breakthrough enables scaling to millions of XPUs at the speed of light to meet the un
TAIPEI, Nov. 11, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE:ASX, IEX:3711, ", ASEH", or the ", Company", )), announces its unaudited consolidated net revenues for October 2024. CONSOLIDATED NET REVENUES (UNAUDITED)Oct Sept Oct Sequential YoY (NT$ Million) 2024 2024 2023 Change Change Net Revenues 56,426 55,579 56,167 +1.5 % +0.5 % Oct Sept Oct Sequential YoY (US$ Million) 2024 2024 2023 Change Change Net Revenues 1,766 1,739 1,746 +1.6 % +1.2 % Net revenues for ATM assembly, testing and material business are as follows: ATM NET REVENUES (UNAUDITED)Oct Sept Oct Sequential YoY (NT$ Million) 2024 2024 2023 Change Change Net Revenues 29,320 29,172 28,340 +0.5 % +3.5 % Oct Sept
Guadalajara plan expands ASE's global footprint, increases presence in North America ISE Labs, Inc., a leading provider of semiconductor engineering services, today announced the acquisition of a significant parcel of land within Axis 2 Industrial Park, located in Tonalá, a city and municipality within the Guadalajara Metropolitan Area. This strategic land purchase demonstrates the company's long-term commitment to the state of Jalisco and establishes a footprint for future expansion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107202324/en/Left to Right: Ou Li (ASE), Dina Grijalva (Jalisco Tech Hub Act), Ingu Yin Chang (A
Guadalajara plan expands ASE's global footprint, increases presence in North America ISE Labs, Inc., a leading provider of semiconductor engineering services, today announced the acquisition of a significant parcel of land within Axis 2 Industrial Park, located in Tonalá, a city and municipality within the Guadalajara Metropolitan Area. This strategic land purchase demonstrates the company's long-term commitment to the state of Jalisco and establishes a footprint for future expansion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107202324/en/Left to Right: Ou Li (ASE), Dina Grijalva (Jalisco Tech Hub Act), Ingu Yin Chang (A
TAIPEI, Oct. 31, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. ((TWSE: 3711, NYSE:ASX) ("We", "ASEH", or the "Company"), the leading provider of semiconductor assembly and testing services ("ATM") and the provider of electronic manufacturing services ("EMS"), today reported its unaudited net revenues[1] of NT$160,105 million for 3Q24, up by 3.9% year-over-year and up by 14.2% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT9,666 million, up from NT$8,776 million in 3Q23 and up from NT$7,778 million in 2Q24. Basic earnings per share for the quarter were NT$2.24 (or US$0.138 per ADS), compared to NT$2.04 for 3Q23 and NT$1.80 for 2Q24. Dilu
TAIPEI, Feb. 1, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. ((TWSE: 3711, NYSE:ASX) ("We", "ASEH", or the "Company"), the leading provider of semiconductor assembly and testing services ("ATM") and the provider of electronic manufacturing services ("EMS"), today reported its unaudited net revenues[1] of NT$160,581 million for 4Q23, down by 9.5% year-over-year and up by 4.2% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$9,392 million, down from NT$15,730 million in 4Q22 and up from NT$8,776 million in 3Q23. Basic earnings per share for the quarter were NT$2.18 (or US$0.137 per ADS), compared to NT$3.77 for 4Q22 and NT$2.04 for 3Q23.