Overview
- At an investor event on Thursday, May 21, Amkor announced revenue guidance of $8.5 billion to $9.5 billion for 2028 and a $11 billion target for 2030 as part of a multi‑year growth plan.
- The company has expanded its Arizona site by 67 acres and outlined a roughly $7 billion two‑phase investment designed to reach high‑volume packaging production in 2028.
- Amkor confirmed new work with AMD and previously disclosed programs with Nvidia and Apple, and said it will use some TSMC technologies at the Arizona facility to offer established process options to joint customers.
- The $9 billion midpoint for 2028 landed just below analyst expectations and the stock fell about 2.6% after the forecast.
- Advanced packaging now affects chip performance and design, so Amkor’s U.S. build aims to relieve a bottleneck for AI/HPC and automotive chips while giving customers earlier, multi‑year engagement that improves capacity planning and ramp predictability.