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Amkor Technology Is Not Just A Chip Assembler — Advanced Packaging Is Surging!

Amkor Technology reported record second quarter 2026 revenue of $1.9 billion, marking a 26% year-over-year increase and showing broad-based growth across all end markets. Computing and Automotive/Industrial segments reached new revenue highs, reflecting strong customer engagement and the escalating value of Amkor’s packaging technologies. Both advanced and mainstream product lines experienced growth, with the mainstream segment achieving its fifth consecutive quarter of year-over-year expansion. The rise in factory utilization from the 50s to 70s across the manufacturing network contributed positively to performance. Earnings per share rose significantly to $0.70, driven by higher utilization and favorable product mix, alongside gross margin improvement to 16.8%, up over 250 basis points sequentially. Operating income doubled year-over-year to $200 million, with an operating margin of 10.5%. The company also reported $2.5 billion in cash and short-term investments, with total liquidity at $3.6 billion, though total debt increased to $2.5 billion following a $1.