Amkor Raises Q4 Outlook on Surprising Chip Demand
By wchung | 20 Apr, 2025
Amkor Technology Inc. raised its fourth-quarter revenue outlook Monday, citing higher-than-anticipated demand from customers.
Shares of Amkor, which provides chip assembly and testing services, jumped 56 cents, or 8.6 percent, in after-hours trading, after finishing regular trading up 3 cents at $6.51.
The company now expects revenue to rise 6 percent from the third quarter. It previously said it expected revenue to either fall or rise 2 percent or be flat.
In the third quarter, Amkor’s revenue totaled $616.2 million, so the revised outlook calls for $653.2 million — higher than the $611 million analysts polled by Thomson Reuters expect.
12/21/2009 7:47 PM CHANDLER, Ariz. (AP)
Articles
- Golden State Valkyries get a little more golden, and Olivia Munn not onboard with Celebrity Space Flight
- Yoga, White Enthusiasts and the Indian Sensibility
- Grizzlies’ Asian Rookie Duo Top NBA Height Disparity
- Robert Hur Represents Harvard in Existential Clash with White House
- Battles between Aliens and Humans Reported by Intelligence Agencies
Asian American Success Stories
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women
- Greatest Asian American Rags-to-Riches Stories
- Notable Asian American Professionals