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Chip stock earnings season is coming, Citigroup remains bullish.
As the earnings season is approaching its climax, Citigroup is still bullish on the semiconductor sector.
Express News | Amkor Technology Inc : Melius Research Raises Target Price to $55 From $41
Earnings Tell The Story For Amkor Technology, Inc. (NASDAQ:AMKR) As Its Stock Soars 27%
The Amkor Technology, Inc. (NASDAQ:AMKR) share price has done very well over the last month, posting an excellent gain of 27%. Looking back a bit further, it's encouraging to see the stock is up 51
Latest measures to revitalize the chip industry! The USA has launched a $1.6 billion chip packaging research subsidy program.
According to Zhitong Finance APP, the US government is launching a $1.6 billion funding competition for chip packaging research and development projects, marking the latest attempt to revive the US semiconductor industry. Laurie E. Locascio, deputy secretary for standards and technology at the US Department of Commerce, said the funds come from the 2022 Chips and Science Act and will be used for research in five areas. Besides supporting research, officials also hope to provide funds for prototype development. Packaging -- the process of packaging chips to protect them and connect them to devices -- is an important part of the chip industry. The United States accounts for only 3% of global capacity.
Express News | US Launches $1.6B Competition For Chip Packaging Research Initiatives
Press Release: Amkor Technology to Announce Second Quarter 2024 Financial Results on July 29, 2024
Amkor Technology to Announce Second Quarter 2024 Financial Results on July 29, 2024 TEMPE, Ariz.--(BUSINESS WIRE)--July 09, 2024-- Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of