Amkor’s Pullback Is a Second-Chance Setup — Buying the AI Packaging Story on a Cleaner Entry
Amkor (AMKR) corrected from recent highs but remains fundamentally tied to secular AI and HPC packaging demand. Strong Q1 results, a 10-year TSMC deal and reasonable enterprise multiples support a mid-term long trade. We lay out an entry at $70.00, stop at $63.82 and a $85.00 target over a mid-term (45 trading days) horizon.