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Amkor Technology Inc. (NASDAQ:AMKR) is one of the 10 Stocks That Absolutely Exploded Higher.

Amkor Technology saw its share prices climb to a fresh all-time high on Friday, as investors poured funds into industries largely benefiting from the AI wave, helped by the easing tensions on the geopolitical front.

In intra-day trading, the stock climbed to its highest price of $83.30 before paring gains to finish the session just up by 8.71 percent at $82.78 apiece.

For illustration purposes only. Photo from Pixabay/Pexels

In other developments, the rally can also be partly attributed to portfolio positioning ahead of the TSMC 2026 China Technology Symposium Ecosystem Pavilion at the Shanghai International Convention Center (SHICC) in Shanghai on June 25.

Amkor Technology Inc. (NASDAQ:AMKR) said that it would exhibit its services alongside the TSMC ecosystem.

The company invited businesses and participants to visit and explore how its advanced packaging and test solutions are able to support IC design strategies, address complex integration challenges, and accelerate product development from concept to high‑volume manufacturing.

Apart from TSMC, Amkor Technology Inc. (NASDAQ:AMKR) is also set to join on July 15 the Advanced Packaging Summit 2026 in Suwon, South Korea, where its vice president for research and development, Shinji Baba, will present “Advanced Power Module Packaging Technologies” to highlight recent trends in power devices and power module packaging, covering the key electrical and thermal challenges, representative solutions such as advanced interconnects, cooling architectures, and embedded power modules, and Amkor’s technology roadmap.

While we acknowledge the potential of AMKR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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