ASX is trading at $40.70 (4.5% up), extending a strong rally following the announcement of a new production line for advanced chip packaging.
- On May 26, the company unveiled an innovative automated production line for panel-level packaging, signaling a major step to enhance efficiency and capacity.
- Production is slated to begin in the first half of 2027, positioning ASE to capture growing demand in the semiconductor industry.
- The news propelled the stock to a double-digit gain in the previous session, with momentum carrying over into today's trading.