ASE Technology Raises 2026 Revenue Target Amid High Capacity Utilization
ASE Technology Holding Co., Ltd. (ASX) has announced an optimistic outlook for the upcoming quarter, projecting Q4 revenue growth of 6% to 8% quarter-over-quarter. This guidance is supported by strong demand that continues to outpace the company's current service capacity. Driven by this robust demand, the company has officially raised its 2026 LEAP revenue target to exceed $4 billion. Management noted during recent discussions that ATM capacities have been running at or near full utilization rates, signaling a tight supply-demand balance in their sector.
Tickers: $ASX