From $18 to $90: Why $AMKR's Growth Story May Be Just Beginning

Michael Esther
06-22

In 1 year, $Amkor Technology(AMKR)$ spiked from $18 to $90 so 500% but it can easily hit $300-$500.

Here's 8 reasons why it hasn't ran like $Broadcom(AVGO)$ $Advanced Micro Devices(AMD)$ $NVIDIA(NVDA)$ $Marvell Technology(MRVL)$ $Alphabet(GOOG)$ $Amazon.com(AMZN)$ :

1. Advanced packaging sits directly on the critical path of AI infrastructure growth and is becoming more important as Moore's Law slows.

2. Management expects revenue to grow from $6.7B in 2025 to approximately $11B+ by 2030.

3. EPS is projected to increase from $1.50 to roughly $5.00+, implying more than 3x earnings growth.

4. AI servers, GPUs, ASICs, HBM memory, and chiplets all require increasingly complex packaging solutions.

5. $AMKR has 18 active 2.5D engagements and multiple HDFO programs already entering production.

6. The Arizona facility creates a strategic U.S. packaging monopoly-like position among scaled OSAT providers.

7. Deep relationships with $NVIDIA(NVDA)$ $Apple(AAPL)$ $Advanced Micro Devices(AMD)$ $Broadcom(AVGO)$ $Qualcomm(QCOM)$ $Taiwan Semiconductor Manufacturing(TSM)$ and other semiconductor leaders reduce customer risk.

Higher-value advanced packaging should drive gross margins from 14% toward 22%+ by 2030.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • mack83
    06-23
    mack83
    great notes & thanks for sharing..
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