10 Stocks That Could Skyrocket After Jensen Huang’s Earnings Call

8. Amkor Technology, Inc. (NASDAQ:AMKR) 

Amkor Technology, Inc. is an outsourced semiconductor packaging and test services provider. The company offers system-level and final tests, turnkey packaging and test services, and drop shipment services. It provides its services to original equipment manufacturers, integrated device manufacturers, contract foundries, and fabless semiconductor companies.

The company’s stock fell about 10% right after it reported weak Q4 results on the 10th of February. It reported a 7% year-over-year decline in revenue while adjusted EBITDA was also down 7% YoY. Gross margins stayed at 15.1% marking the highest margins among all four quarters of 2024.

On top of the weak results, the company presented guidance for Q1 2025 which was lower than estimates. It expects a 7% YoY and 22% QoQ decline in revenue going forward, while the gross margins are predicted to reduce to 11.5%, a level not seen in the last decade.

Wall Street analysts expect 2025 to be a much better year for AMKR than 2024. The company is facing some short-term challenges including competitive pressure and geopolitical uncertainty.

“For 2025, we expect our Communications business to be muted in the first half followed by above seasonal growth in the second half. We’re closely collaborating with our strategic customer and are confident in recovering the SiP socket in the next generation iOS phones.”