ASE Technology has raised its 2026 capex forecast by $2 billion to approximately $10.5 billion, driven by strong AI demand. Half of the additional investment will fund 13 new facilities, while the remaining $1 billion will go to equipment, as the company repurposes eight existing factories. Second quarter results showed revenue of NT$191.06 billion, up 27% year-over-year, with net income surging 180% to NT$21.07 billion. The company’s advanced packaging business is tracking ahead of its $3.5 billion 2026 guidance, and CFO Joseph Tung targets doubling revenue from this segment in 2027. ASE subsidiary Siliconware Precision Industries is a major packaging supplier for Nvidia’s AI chips.
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