Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTSubhasree KarSat, June 20, 2026 at 3:30 PM GMT+2 5 min readAmkor Technology (AMKR) has surged into the spotlight after announcing a landmark 10-year partnership with Taiwan Semiconductor Manufacturing Company Limited (TSM), a deal that positions the company at the center of America’s push to build a complete domestic semiconductor supply chain.Under the agreement, TSMC will source advanced packaging and testing services from Amkor’s expanding Arizona operations, creating a critical link between leading-edge chip fabrication and final packaging for artificial intelligence (AI), data center, and high-performance computing applications. Investors quickly embraced the news, sending AMKR shares sharply higher as the partnership strengthens Amkor’s long-term revenue visibility and strategic importance in the fast-growing advanced packaging market.More News from BarchartMark Cuban Says the Stock Market Makes Guys Like Elon Musk ‘Insanely Rich’ — But Eliminating Billionaires Would Trigger the ‘Worst Depression’ Ever SeenDear MicroStrategy Stock Fans, Mark Your Calendars for July 4From ‘Hold’ to ‘Buy’: Here Is Why Truist Just Changed Its Mind on DDOG StockStop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!The rally is about more than a single contract. Advanced packaging has become one of the most important bottlenecks in semiconductor manufacturing, especially for AI accelerators and next-generation computing chips. With major customers increasingly seeking U.S.-based production capabilities, Amkor is emerging as a key beneficiary of industry trends, supported by its Arizona expansion and growing relationships with leading chipmakers.Does the recent breakout mark the beginning of a sustained growth story or has AMKR stock already priced in much of the good news?Amkor Technology is one of the world’s largest providers of outsourced semiconductor assembly and test (OSAT) services, offering advanced packaging, wafer-level processing, and testing solutions for leading chipmakers serving the communications, computing, automotive, industrial, and consumer electronics markets. Headquartered in Tempe, Arizona, Amkor operates a global manufacturing footprint across Asia, Europe, and the U.S. and plays a critical role in the semiconductor supply chain by helping customers bring advanced chips to market. Amkor has a market cap of $21.43 billion.Amkor Technology has been one of the semiconductor sector’s standout performers in 2026, with the stock surging to a new 52-week high of $96.68 on June 16 after the company announced a landmark 10-year advanced packaging partnership with TSMC. Investor enthusiasm surrounding the deal, which strengthens Amkor’s position in the rapidly growing AI and advanced packaging markets, fueled a powerful rally in the shares.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info