35 Chip Stocks In Focus Amid Tech Selloff

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34. ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Number of Hedge Fund Holders: 2 

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) markets semiconductor assembly and testing services. In January, the company announced a share repurchase program with a total amount of up to NT$350 million. Under this commitment, the company will repurchase up to 10,000,000 shares from the open market on the Taiwan Stock Exchange, representing approximately 1.38% of its issued share capital. In the earnings of the third quarter of 2024, the company reported a 4.4% increase in revenue compared to the second quarter of 2024 and an 8.7% increase year-over-year.

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