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-0.000880453922911262 -0.000880453922911262 -0.00273918998239079 0.0017609078458228 0.00352181569164547 0.00352181569164547 0.00352181569164547 0.00352181569164547
Stock impact report

Why Amkor (AMKR) Stock Is Up Today [Yahoo! Finance]

Amkor Technology, Inc. (AMKR) 
Last amkor technology, inc. earnings: 4/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: amkortech.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
Needham & Company significantly raised its price target on the stock, pointing to surging demand for artificial intelligence chips. The firm boosted its price target by over 35% to $50 from a previous $37, while it held its "Buy" recommendation. Analysts at Needham explained that Amkor was well-positioned to become a major player in advanced chip packaging, a critical step in making powerful AI processors. The boom in AI created huge demand for these specialized chips. According to Needham, the main producer, Taiwan Semiconductor Manufacturing Co., appeared willing to outsource its extra advanced packaging work to Amkor. This shift was seen as a major opportunity, with one analyst estimating it could lead to as much as $5 billion in new yearly sales for Amkor. Is now the time to buy Amkor? Access our full analysis report here Amkor's shares are very volatile and have had 29 moves greater than 5% over the last year. In that context, today's move indicates the market considers thi Show less Read more
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