B. Riley Securities initiated coverage on Amkor with a new price target
$AMKR
Semiconductors
Technology
B. Riley Securities initiated coverage of Amkor with a rating of Buy and set a new price target of $35.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2024 | $38.00 | Overweight | KeyBanc Capital Markets |
| 7/1/2024 | $48.00 | Overweight | JP Morgan |
| 4/9/2024 | $40.00 | Buy | Needham |
| 3/14/2024 | Equal Weight | Fox Advisors | |
| 2/29/2024 | $32.00 | Neutral | Goldman |
| 1/8/2024 | $35.00 | Buy | Melius |
| 11/16/2023 | $31.00 | Buy | UBS |
| 11/16/2023 | $35.00 | Buy | B. Riley Securities |
Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales $1.86 billion, up 27% sequentially Gross profit $272 million, operating income $149 million Net income $123 million, earnings per diluted share $0.49 EBITDA $309 million "Amkor delivered third quarter revenue of $1.86 billion, up 27% sequentially, driven by strong demand for our Advanced SiP technology to support the Communications and Consumer end markets," said Giel Rutten, Amkor's president and chief executive officer. "During the quarter we focused on exe
Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, will issue its financial results for the third quarter of 2024 after the close of trading on the Nasdaq Global Select Market on Monday, October 28, 2024. Amkor management will host a conference call and webcast to review the results on Monday, October 28, 2024, at 5:00 p.m. Eastern Time (ET). To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Amkor's website, located at ir.amkor.com. An archived replay of the webcast will be available after completion of the call. The live call can also be accessed by dialing 1-877-407-4019 or
Amkor Technology, Inc. (NASDAQ:AMKR) and TSMC ((TWSE: 2330, NYSE:TSM) announced today that the two companies have signed a memorandum of understanding to collaborate and bring advanced packaging and test capabilities to Arizona, further expanding the region's semiconductor ecosystem. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003738370/en/ Amkor and TSMC have been closely collaborating to deliver high volume, leading-edge technologies for advanced packaging and testing of semiconductors to support critical markets such as high-performance computing and communications. Under the agreement, TSMC will contract turnkey advance
KeyBanc Capital Markets initiated coverage of Amkor with a rating of Overweight and set a new price target of $38.00
JP Morgan initiated coverage of Amkor with a rating of Overweight and set a new price target of $48.00
Needham initiated coverage of Amkor with a rating of Buy and set a new price target of $40.00
SC 13D/A - AMKOR TECHNOLOGY, INC. (0001047127) (Subject)
SC 13G/A - AMKOR TECHNOLOGY, INC. (0001047127) (Subject)
SC 13G/A - AMKOR TECHNOLOGY, INC. (0001047127) (Subject)
10-Q - AMKOR TECHNOLOGY, INC. (0001047127) (Filer)
8-K - AMKOR TECHNOLOGY, INC. (0001047127) (Filer)
8-K - AMKOR TECHNOLOGY, INC. (0001047127) (Filer)
AMAT, AMD, AMKR, ARM, AVGO, KLAC, LRCX, MRVL, MU, NVDA, TSM
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 300 points on Wednesday. Shares of ASML Holding N.V. (NASDAQ:ASML) fell in today's pre-market trading following the release of second-quarter results. The Dutch company reported a second-quarter net income of 1.6 billion euros ($1.75 billion) on revenues of 6.2 billion euros ($6.77 billion), surpassing analysts' expectations of 1.41 billion euros on revenue of 6.04 billion euros, Reuters reported on Wednesday. The new bookings for the quarter stood at 5.6 billion euros ($6.11 billion), a significant increase from the 3.6 billion euros in the first quarter of 2024. ASML shares dipped 6.8% to $995.90 i
Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales $1.86 billion, up 27% sequentially Gross profit $272 million, operating income $149 million Net income $123 million, earnings per diluted share $0.49 EBITDA $309 million "Amkor delivered third quarter revenue of $1.86 billion, up 27% sequentially, driven by strong demand for our Advanced SiP technology to support the Communications and Consumer end markets," said Giel Rutten, Amkor's president and chief executive officer. "During the quarter we focused on exe
Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, will issue its financial results for the third quarter of 2024 after the close of trading on the Nasdaq Global Select Market on Monday, October 28, 2024. Amkor management will host a conference call and webcast to review the results on Monday, October 28, 2024, at 5:00 p.m. Eastern Time (ET). To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Amkor's website, located at ir.amkor.com. An archived replay of the webcast will be available after completion of the call. The live call can also be accessed by dialing 1-877-407-4019 or
Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, today announced that its Board of Directors has approved a quarterly cash dividend of $0.07875 per share on the company's common stock. The dividend will be payable on September 23, 2024 to stockholders of record as of the close of business on September 3, 2024. About Amkor Technology, Inc. Amkor Technology, Inc. is the world's largest US headquartered OSAT (outsourced semiconductor assembly and test) service provider. Since its founding in 1968, Amkor has pioneered the outsourcing of IC packaging and test services and is a strategic manufacturing partner for the world's leading semico
4 - AMKOR TECHNOLOGY, INC. (0001047127) (Issuer)
4 - AMKOR TECHNOLOGY, INC. (0001047127) (Issuer)
4 - AMKOR TECHNOLOGY, INC. (0001047127) (Issuer)
Susan Y. Kim to become Chairman of the Board Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, announced today that James Kim will be stepping down as Executive Chairman of Amkor and retiring from the company effective October 31, 2024. Susan Kim, Amkor's Executive Vice Chairman, will become Chairman of the Board at that time. Mr. Kim founded Amkor in 1968 and has been a pioneer in the outsourced semiconductor assembly and test services industry during his more than 56 years of service to the company. In recognition of his extraordinary contributions, the Board will recognize Mr. Kim with the honorary title of Chairman Emeritus upon his
Both companies commit to actively engage with common suppliers to help them drive effective decarbonization strategies. The aim is to identify areas for improvement and support suppliers in setting their own science-based emissions reduction targets. The partnership of Infineon and Amkor is set to bring the green supplier engagement of both companies to the next level. Infineon Technologies AG (OTCQX:IFNNY), a leader in power systems and IoT, has signed a Memorandum of Understanding with Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, with a joint commitment to stimulate decarbonization and sustainability strategies across the
DENVER--(BUSINESS WIRE)--Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in innovative power, measurement and control technologies, today announced that Yuval Wasserman will retire as president & chief executive officer and as a member of the board, effective March 1, 2021. The board of directors has appointed Steve Kelley, a semiconductor industry leader with over 30 years of experience, as the president & chief executive officer and a member of the board, effective March 1, 2021. Mr. Wasserman will remain as an executive advisor to the board and to Mr. Kelley, to assist in the transition. “On behalf of the board, the company, and its shareholders, I would like