Movement Alert|ASE Technology Falls 3.18% in Pre-Market Trading, Record Third-Quarter Revenue Fails to Offset Sector Weakness

Market Focus
4 hours ago

On October 13, ASE Technology fell 3.18% in Pre-Market Trading to $46.02 per share, with turnover of $286,900.

The latest move came after the company disclosed record third-quarter consolidated net revenue, but the stock remained under pressure as semiconductor names broadly weakened and recent gains faced short-term profit-taking.

Company data showed September consolidated net revenue of NT$88.13 billion, up 45.5% year over year, while third-quarter consolidated net revenue reached NT$244.161 billion, up 44.8% year over year and a record high. Third-quarter assembly, testing and material revenue was NT$151.485 billion, up 51.0% from a year earlier. In the broader semiconductor group, Micron Technology fell 2.59%, Advanced Micro Devices fell 1.31%, Broadcom fell 0.99%, NVIDIA fell 0.64%, and Intel fell 0.49%, reinforcing the view that the move was driven more by sector pressure than by weak company fundamentals.

(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.)

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