ASE Technology Holdings’ 94% Profit Engine — ATM Is Becoming The Center Of The Story!

ASE Technology Holdings delivered a robust second quarter in 2026, demonstrating significant growth primarily driven by its Advanced Technology Manufacturing (ATM) business segment. Consolidated revenue increased 27% year-over-year to TWD 191.1 billion, with ATM revenues up 36% annually and 12% sequentially. The ATM segment accounted for 66% of total revenue and 94% of operating profit, underscoring its central role in the company’s profitability. Notably, the LEAP (Leading-Edge Advanced Packaging) services within ATM showed strong momentum, exceeding prior guidance with revenues tracking above USD 3.5 billion for the full year and an aim to double in 2027. Profitability improved with gross margin rising to 21.0%, up 4 percentage points year-over-year and operating margin expanding to 11.1%, both benefiting from higher operating leverage due to increased capacity utilization and a favorable NT dollar exchange environment. ATM gross margin specifically reached 27.