US0316521006 - Common Stock
Amkor stock surged after an analyst said it is an "underappreciated" play on efforts to bring semiconductor manufacturing back to the U.S.
These chip packaging companies are represented by attractive stocks that investors should consider for the semiconductor boom coming.
Sales of semiconductors fell in 2023 by 8.2%, leading many semiconductor stocks to falter as well. Consider selling these names.
Amkor Technology received a Neutral rating as Goldman Sachs initiated coverage of the semiconductor packaging and test service provider. Read more here.
While it may be tempting to jump onboard familiar ideas, these discounted names for best semiconductor stocks offer a better deal.
Amkor Technology reports Q4 EPS of $0.48, beating expectations by $0.07, and revenue of $1.75B, exceeding estimates by $30M.
NXP stock has an 87 Composite Rating, putting it in the top 13% of stocks for an array of technical and fundamental factors.
Advanced Micro Devices is reportedly looking for other CoWoS packaging providers to help increase the number of AI chips it can bring to the market in 2024.
Taiwan Semiconductor Manufacturing continues to hold the lead in advanced manufacturing technology.
Amkor (AMKR) will invest about $2B in a new semiconductor manufacturing and packaging facility which will serve Apple (AAPL) as its largest customer.
Amkor Technology plans to build a $2 billion semiconductor advanced packaging facility in Arizona, an investment that could generate as many as 2,000 jobs and bolster the Phoenix region’s status as a US chipmaking hub.