On September 17, ASE Technology rose 3.03% overnight, trading at $39.10/share, with turnover of $462,200.

The rise was primarily driven by a continued recovery across the semiconductor sector, with peers including Intel up 1.73%, Advanced Micro Devices up 1.26%, Micron Technology up 1.02%, Broadcom up 0.94%, and NVIDIA up 0.78%, generating broad-based sector tailwinds. ASE Technology had previously pulled back more than 10% cumulatively since September 10, and the past two trading sessions have shown stabilization, extending an oversold technical bounce.

On the fundamental side, ASE Technology reported August net revenue of NT$82.25 billion (approximately $2.61 billion), up 45.7% year-over-year, with assembly, testing, and material revenue surging 53%. The company also recently secured additional advanced packaging and testing orders from Google for its TPU chips and from Intel for its EMIB platform. Additionally, its Singapore subsidiary completed a $40.9 million machinery acquisition to further expand production capacity.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)