Amkor rises on 10-year TSMC partnership deal

Taiwan Semiconductor Manufacturing Co

16/06/2026 14:42

** Semiconductor packaging co Amkor Technology's AMKR.O shares rise 8.6% to $93.91 
** Co enters into a 10-year partnership with world's largest contract chipmaker TSMC 2330.TW to enhance advanced semiconductor packaging capabilities in the U.S. 
** The partnership helps TSMC acquire AMKR's chip packaging and testing services
** Including session's move, AMKR more than doubled in value YTD

 (Reporting by Avinash P in Benglauru)
 ((Avinash.P@thomsonreuters.com;))