Amkor Tech is set to report its quarterly earnings on October 28th. Analysts are expecting an EPS of $0.50, with investors eager to see if the company surpasses expectations and provides positive guidance for the future. This article analyzes Amkor Tech’s past performance, analyst sentiments, and key financial metrics, providing valuable insights for investors.
Amkor Technology (AMKR) is struggling to keep up with the market, facing several headwinds that have led to a 17.7% share price drop in the last three months. These challenges include supply chain disruption, macroeconomic pressures, and fierce competition from giants like Taiwan Semiconductor Manufacturing Company (TSM) and ASE Technology Holding (ASX). While Amkor boasts a strong presence in the outsourced semiconductor packaging and test (OSAT) market, these factors have significantly impacted the company’s performance, leading to a ‘Strong Sell’ rating.
