IC ATM

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   ASE raises 2026 LEAP revenue target above $4 billion

   ASE Technology Holding reported third-quarter consolidated revenue of NT$244.161 billion and after-tax net income of NT$26.996 billion. It forecast fourth-quarter revenue growth of 6% to 8% sequentially and a gross margin of 23% to 24%. The company raised its 2026 LEAP revenue target from $3.7 billion to more than $4 billion, reiterated expectations of more than $8 billion for 2027, and said CPO entered mass production in the fourth quarter of 2026. According to TechNews, Citi and Morgan Stanley maintained positive ratings and raised their target prices, with the highest cited at NT$908. Management also raised its 2026 capital-spending outlook to $11.5 billion in response to strong customer demand and capacity constraints.

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