🔴 ASE Industrial Holding is trading 7.1% down in pre-market amid a sharp semiconductor sell-off

ASE Industrial Holding is trading at $41.40, down 7.07%, as semiconductor shares face pressure after Intel’s weaker-than-expected outlook.

• SOXX was down 5.64% pre-market on October 30.
• ASE’s October 29 quarter delivered record revenue and earnings above expectations; management raised 2026 capital spending to $11.5 billion.