ASE Technology Holding Co., Ltd. continues to benefit from surging AI and data center demand, driving advanced packaging and test revenue growth and capacity expansion. Q2 results beat expectations, with 27% YOY revenue growth and robust revenue guidance, but margin guidance was a little soft due to rapid EMS and capacity ramp. The LEAP business continues to outperform, with $4B+ revenue expected in 2026 and another doubling possible next year.
ASE Technology Holding is rated a buy, driven by surging demand for advanced packaging and testing amid AI-driven semiconductor complexity. Q2 revenue grew 15.5% YoY to nearly $6B, with adjusted EPS nearly tripling and ATM segment revenue up 36.3% YoY. Gross and operating margins are expanding rapidly, with Q4 ATM gross margin expected to exceed previous ceilings and LEAP revenue tracking above targets.
Here is how ASE Technology Hldg (ASX) and Astera Labs, Inc. (ALAB) have performed compared to their sector so far this year.
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Jason Chang CEO | XFRA Exchange | 00215W100 CUSIP |
| TW Country | 96,436 Employees | 6 Jul 2026 Last Dividend | 13 Aug 2008 Last Split | - IPO Date |
ASE Technology Holding Co., Ltd. is a global provider of semiconductor packaging and testing, along with electronic manufacturing services. With operations spanning across the United States, Taiwan, Asia, Europe, and other international locales, the company is a pivotal player in the semiconductor industry. Founded in 1984 and headquartered in Kaohsiung, Taiwan, ASE Technology Holding has expanded its offerings over the years to include a wide array of services beyond its core semiconductor business. This diversification includes developments in real estate, substrate production, information software, and more, showcasing the company's commitment to growth and innovation in the tech sector and beyond.
ASE Technology specializes in offering comprehensive packaging and testing services for semiconductors, a critical step in the manufacturing process that ensures the performance and reliability of electronic devices.
Providing end-to-end manufacturing solutions, the company supports the production of electronic components and systems, ensuring high quality and efficiency.
Through developing, selling, leasing, and managing real estate properties, ASE Technology has diversified its portfolio, providing infrastructure solutions for its operations and investments.
The company engages in the production of substrates, which are essential materials used in the assembly of semiconductor packages.
ASE Technology offers information software solutions and equipment leasing services, catering to the operational needs of businesses within the semiconductor industry and beyond.
This aspect of the business provides clients with advice on investment opportunities and solutions for warehousing management, optimizing supply chain operations.
The company extends its expertise to managing commercial complexes and after-sales services, along with parking lot management, ensuring a holistic service experience.
ASE Technology processes and sells a range of products, including computer and communication peripherals, electronic components, telecommunications equipment, and motherboards, addressing the needs across the technology and communication sectors.
With a vast international presence, the company facilitates the import and export of goods and technology, enhancing global trade opportunities in the tech sector.