🟢 Amkor Technology shares up 3.88% in after-hours trading after Q3 results, boosted by margin expansion and NVIDIA partnership

Amkor Technology is trading at $38.24, up 3.88% in after-hours, following its scheduled third-quarter results release. While revenue and EPS were below estimates, the after-hours gain was driven by: - Improving gross margin and operating income, signaling a shift towards higher-value advanced packaging. - An expanded AI infrastructure partnership with NVIDIA, including $3 billion in multi-year capacity commitments. - The company forecast next-quarter revenue of $1.9 billion–$2.0 billion, amidst expected weakness in Communications.