On September 16, ASE Technology rose 3.04% in pre-market trading, trading at $38.08/share, with turnover of $71,900.

On the news front, the broader semiconductor sector staged a stabilization rally, with peer stocks Intel up 5.43%, Advanced Micro Devices up 1.50%, Broadcom up 0.68%, NVIDIA up 0.66%, and Micron Technology up 0.64%, providing broad-based sector support for the rebound. ASE Technology had retreated sharply since September 10, accumulating a decline exceeding 10% over four consecutive sessions, making this bounce characteristic of a technical oversold recovery.

Notably, ASE Technology reported August revenue of NT$82.25 billion, representing a 45.7% year-over-year surge. The company also secured expanded advanced packaging and testing orders from Google for its TPU program and from Intel for its EMIB advanced packaging platform. These developments suggest underlying fundamentals remain intact, and the prior selloff was largely driven by sector-wide deleveraging and profit-taking pressure following a rapid prior advance rather than any deterioration in the company's business outlook.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)