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NYSE · Taiwan · Semiconductors

ASX ASE Technology

Largest OSAT; takes CoWoS-class overflow

Downtrend Trading below its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$40.16
+3.79% today
1W
−1.6%
1M
−9.4%
3M
+18.4%
YTD
+151.9%
1Y
+212.5%
Off 52w high
−15.6%
Next earnings (est.): 2026-10-29
Market cap$85.07B
P/E (trailing)51.6Forward 18.0
EV / sales0.4×EV/EBITDA 2.2×
Revenue (TTM)NT$711BGrowth 26.7% y/y
Margins19.5%gross · op 11.1%
Free cash flow-NT$105BCash NT$106B · debt NT$296B
Analyst target$58.00+44.4% upside · 1 analysts · strong buy
Riskβ 1.52Short 0.7% of float · yield 1.11%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

ASX · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-07-30EarningsBeat / raise

    Reported EPS 0.29 vs 0.2 expected (+43.4% surprise).

  2. 7
    2026-04-29EarningsBeat / raise

    Reported EPS 0.2 vs 0.17 expected (+16.3% surprise).

  3. 6
    2026-02-05EarningsBeat / raise

    Reported EPS 0.21 vs 0.2 expected (+6.2% surprise).

  4. 5
    2025-10-30EarningsBeat / raise

    Reported EPS 0.16 vs 0.13 expected (+20.3% surprise).

  5. 4
    2025-07-31EarningsMiss / cut

    Reported EPS 0.11 vs 0.14 expected (-23.1% surprise).

  6. 3
    2025-04-30EarningsMiss / cut

    Reported EPS 0.1 vs 0.12 expected (-16.7% surprise).

  7. 2
    2025-02-13EarningsMiss / cut

    Reported EPS 0.13 vs 0.15 expected (-15.4% surprise).

  8. 1
    2024-10-31EarningsMiss / cut

    Reported EPS 0.13 vs 0.15 expected (-11.3% surprise).

Alternative data that moves ASX

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-07-300.20.29+43.4%
2026-04-290.170.2+16.3%
2026-02-050.20.21+6.2%
2025-10-300.130.16+20.3%
2025-07-310.140.11−23.1%
2025-04-300.120.1−16.7%
2025-02-130.150.13−15.4%
2024-10-310.150.13−11.3%
2024-07-250.110.11+1.0%
2024-04-250.090.08−11.7%
2024-02-010.130.13+1.7%
2023-10-260.130.13−1.9%
2023-07-270.10.12+19.6%
2023-04-270.070.09+22.5%
2023-02-090.220.23+4.4%
2022-10-270.240.26+8.0%
2022-07-280.20.25+22.0%
2022-04-280.170.21+24.3%
2022-02-100.230.5+121.3%
2021-10-280.20.23+15.1%
2021-07-290.140.16+16.2%
2021-04-280.120.14+17.8%
2021-02-040.10.16+61.2%
2020-10-300.090.11+13.8%

About ASE Technology

Website ↗

ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications. It also provides turnkey services, such as packaging, testing, and direct shipment of semiconductors to end users; wire bonding, including lead frame and substrate-based packages; advanced packages; heterogeneous integration; and other test-related services. In addition, the company engages in the leasing of properties; development…

114,179 employees · Kaohsiung, Taiwan

An accelerator is useless until logic and HBM are integrated on an interposer. 2.5D/3D capacity, hybrid bonders and TC bonders gate output.

Interposer→Bonding→Assembly→Module

What would prove us wrong. Weakens if CoWoS expansions run ahead of accelerator demand and OSAT utilisation drops.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
TSM
Taiwan Semiconductor
Leading-node foundry and CoWoS packaging chokepoint $427.1+2.06%−5.2%+41.7%
AMKR
Amkor Technology
Advanced packaging OSAT incl. US capacity $38.11−3.03%−28.9%−3.0%
BESI.AS
BE Semiconductor
Hybrid bonding equipment leader €146.3+0.86%−22.0%+10.1%
042700.KS
Hanmi Semiconductor
TC bonders for HBM stacking ₩184,000−3.66%−22.2%+44.9%
6146.T
Disco
Dicing and grinding for thin wafers and HBM ¥48,410−1.79%−8.9%+1.4%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.