Amkor Technology Targets $37 Share Price Amid Expansion and TSMC Partnership
Amkor Technology (AMKR) is positioned for growth with its advanced packaging leadership and partnership with TSMC, targeting a price of $37 per share within a year. Despite a weak Q3 result, the company's expansion in Korea, Vietnam, and Arizona, along with government support, is expected to drive long-term growth fueled by rising semiconductor demand in AI and automotive sectors.