AMKOR TECHNOLOGY (AMKR) Company Report

Kevin Engel is set to become the incoming CEO, emphasizing strategic pillars including technology leadership in advanced packaging, geographical diversity, and focusing on megatrends like AI.
Amkor is heavily investing in AI/High-Performance Computing (HPC), with the compute segment growing at a 12% CAGR over the past five years and expected to continue. This segment offers a higher margin profile and is anticipated to be accretive to overall gross margin.
Significant geographical expansions are underway, including a new test building in Korea ready by 2027 and a multi-phased facility in Arizona with phase one production starting in 2028. The Arizona facility is expected to become accretive to margins after a two-year ramp-up.
The company anticipates margin expansion due to increased scale and operational efficiency in Vietnam, the growth of advanced HPC, and the recovery of mainstream business. While 2026 CapEx is not yet guided, a temporary increase is expected for the strategic Arizona investment, with modest dividend growth continuing.

3 days ago

Transcript

Amkor Appoints New COO and Outlines Growth Strategy at UBS Conference

AMKR

Management Change

New Projects/Investments

Revenue Acceleration/Inflection

Kevin Engel has been appointed as the new Chief Operating Officer, and the company's strategy focuses on technology leadership, geographical footprint diversity, and megatrends like AI.
The compute segment, primarily driven by AI data centers, has achieved a 12% CAGR over the past five years and is projected to maintain this growth.
Amkor is undertaking significant new investments, including a $7 billion multi-phase facility in Arizona with production slated for 2028, and expansions in Korea and Vietnam.
Despite short-term margin challenges from 2025 investments, profitability is expected to expand in 2026 and beyond, driven by higher margins from high-performance computing and operational efficiencies.

3 days ago

Transcript

Amkor Appoints New CEO and Outlines Strategic Focus on AI, Advanced Packaging, and US Expansion

AMKR

CEO Change

New Projects/Investments

Revenue Acceleration/Inflection

Kevin Engel has been appointed as the incoming CEO, and Amkor's strategy will continue to focus on technology leadership in advanced packaging, geographical footprint diversity (including expansion in Korea and a future US presence), and leveraging mega trends like AI.
The compute segment, driven by advanced packaging solutions like 2.5D and HDFO, is Amkor's fastest-growing market, currently representing approximately 20% of total sales and growing at a 12% CAGR over the past five years.
Amkor is undertaking a $7 billion multi-phase investment in Arizona, with the first phase expected to be completed by mid-2027 and production beginning in 2028, projected to contribute around 10% of the portfolio on a revenue basis.
The company anticipates margin expansion, driven by the higher margin profile of high-performance computing, improved operational efficiency from scaling the Vietnam facility, and a gradual recovery in the mainstream business.
While a temporary increase in CapEx is expected for the Arizona build, Amkor plans to maintain disciplined capital allocation and continue modest dividend growth.

3 days ago

Transcript

Amkor Technology Announces Q3 2025 Results and Q4 2025 Guidance

AMKR

Earnings

Guidance Update

New Projects/Investments

Amkor Technology reported Q3 2025 revenue of $1.99 billion and EPS of $0.51.
The company achieved record Advanced packaging revenue and record Communications and Computing revenue in Q3 2025.
For Q4 2025, Amkor Technology anticipates net sales between $1.775 billion and $1.875 billion and diluted EPS between $0.38 and $0.48.
Amkor Technology is investing in a new Advanced packaging and test campus in Arizona, which will enable a full end-to-end U.S. semiconductor supply chain.

Oct 27, 2025, 9:00 PM

Presentation

Amkor Technology Announces Q3 2025 Results, CEO Transition, and Increased Arizona Investment

AMKR

Earnings

CEO Change

New Projects/Investments

Amkor Technology reported Q3 2025 revenue of $1.99 billion and EPS of $0.51, both exceeding guidance, and provided Q4 2025 revenue guidance between $1.775 billion and $1.875 billion and EPS between $0.38 and $0.48.
Giel Rutten will retire as President and CEO at the end of 2025, with Kevin Engel appointed as his successor.
The total projected investment for the Arizona advanced packaging and test campus has increased to $7 billion, reflecting additional clean room space and a second facility, with 2025 CapEx raised to $950 million to support this expansion.
The company is optimizing its manufacturing footprint in Japan, expecting to improve corporate gross margins by around 100 basis points exiting 2027.

Oct 27, 2025, 9:00 PM

Transcript

Amkor Technology Reports Strong Q3 2025 Results, Raises CapEx, and Announces CEO Retirement

AMKR

Earnings

CEO Change

New Projects/Investments

Amkor Technology reported Q3 2025 revenue of $1.99 billion and EPS of $0.51, exceeding guidance and marking a 31% sequential and 7% year-on-year revenue increase.
For Q4 2025, the company forecasts revenue between $1.775 billion and $1.875 billion (midpoint reflecting an 8% sequential decline but a 12% year-on-year increase), with EPS projected between $0.38 and $0.48.
CEO Hildurthin announced his retirement at the end of 2025, with Kevin Engel appointed as his successor.
The total projected investment for the Arizona campus has been increased to $7 billion for expanded capacity, leading to a revised 2025 CapEx forecast of $950 million.
The company is optimizing its Japan manufacturing footprint, expecting to improve corporate gross margins by around 100 basis points exiting 2027.

Oct 27, 2025, 9:00 PM

Transcript

Amkor Technology Reports Strong Q3 2025 Results, Announces CEO Retirement, and Increases Arizona Campus Investment

AMKR

Earnings

CEO Change

New Projects/Investments

Amkor Technology reported strong Q3 2025 revenue of $1.99 billion and EPS of $0.51, both exceeding guidance, driven by record revenue in communications and computing end markets.
The company provided Q4 2025 revenue guidance between $1.775 billion and $1.875 billion and EPS between $0.38 and $0.48.
CEO Giel Rutten announced his retirement at the end of 2025, with Kevin Engel named as his successor.
Amkor increased its total projected investment for the Arizona advanced packaging and test campus to $7 billion and raised its 2025 CapEx forecast to $950 million to support this expansion.
The company is optimizing its manufacturing footprint in Japan, expecting to improve corporate gross margins by around 100 basis points exiting 2027.

Oct 27, 2025, 9:00 PM

Transcript

Amkor Technology Reports Strong Q3 2025 Results, Raises Arizona Investment, and Announces CEO Transition

AMKR

Earnings

CEO Change

New Projects/Investments

Amkor Technology reported strong Q3 2025 revenue of $1.99 billion and EPS of $0.51, both surpassing guidance, driven by robust demand in communications and computing.
The company forecasts Q4 2025 revenue between $1.775 billion and $1.875 billion and EPS between $0.38 and $0.48.
Amkor increased its total projected investment for the Arizona advanced packaging and test campus to $7 billion and raised its 2025 CapEx forecast to $950 million to support this expansion. The company is also optimizing its manufacturing footprint in Japan, aiming to improve corporate gross margins by approximately 100 basis points by the end of 2027.
CEO Giel Rutten announced his retirement at the end of 2025, with Kevin Engel named as his successor.

Oct 27, 2025, 9:00 PM

Transcript

Amkor Technology Reports Strong Q3 2025 Results and Announces CEO Succession

AMKR

Earnings

CEO Change

Guidance Update

Amkor Technology reported Q3 2025 net sales of $1.99 billion, a 31% sequential increase, with net income of $127 million and earnings per diluted share of $0.51.
Giel Rutten will retire as President and CEO at the end of 2025, and Kevin Engel has been appointed to succeed him, effective January 1, 2026.
For Q4 2025, the company forecasts net sales between $1.775 billion and $1.875 billion and net income between $95 million and $120 million, or $0.38 to $0.48 per diluted share.
As of September 30, 2025, total cash and short-term investments were $2.1 billion, and total debt was $1.8 billion.

Oct 27, 2025, 8:11 PM

8-K

Amkor Technology Announces $7 Billion Semiconductor Campus Investment

AMKR

New Projects/Investments

Hiring

Amkor Technology is making a $7 billion investment in a state-of-the-art semiconductor advanced packaging and test campus in Peoria, Arizona, expanding its initial plans.
This campus will be the first high-volume advanced packaging facility in the U.S., creating up to 3,000 high-quality jobs and featuring over 750,000 square feet of cleanroom space.
The facility, expected to begin production in early 2028, supports key clients like Apple and NVIDIA and aims to strengthen domestic semiconductor supply chains and technological sovereignty.
It will develop advanced packaging technologies, including 2.5D and 3D interposer solutions, vital for next-generation AI and high-performance computing applications.

Oct 6, 2025, 10:11 PM

Morningstar

Earnings Transcripts

Quarterly earnings call transcripts for AMKOR TECHNOLOGY.

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Giel Rutten say about margins?What are AMKOR TECHNOLOGY's strategic priorities?How is AMKOR TECHNOLOGY positioned vs competitors?How did AMKOR TECHNOLOGY do last quarter?

Let Fintool AI Agent track AMKOR TECHNOLOGY's earnings for you

Get instant analysis when filings drop