US Stock Movement | ASE Technology Holding shares rise 5.5% pre-market as it launches large-scale expansion plans

Glonghui April 13｜ASE Technology Holding rose 5.5% pre-market to $26.2. According to reports, ASE recently held a groundbreaking ceremony for its new plant in the Renwu Industrial Park in Kaohsiung. The total investment for the plant exceeds NT$108.3 billion, focusing on high-end semiconductor testing services, covering fields such as AI, high-performance computing, 5G communications, and automotive electronics. The first phase of the facility is scheduled to start operations in April 2027, with the second phase planned for October of the same year. The plant’s annual output value is expected to reach NT$177.3 billion. According to ASE's COO Wu Tianyu, 2026 will be the company’s largest year for new plant construction, with six new plants expected to break ground globally, setting a new record.