Amkor Posts Record Earnings as Semiconductor Stocks Sell Off on AI Capex Doubts
Amkor Technology reported record earnings even as leveraged AI-infrastructure and semiconductor ETFs fell sharply from recent highs. SK hynix locked in AI-memory supply deals, GlobalFoundries secured a $300M CHIPS Act award plus a government equity stake, and Safe Superintelligence raised $5B from Nvidia, while Skyworks and Qorvo pushed ahead with their merger and Apple confirmed a CEO handoff from Tim Cook to John Ternus.
L.M. Salvado•
