New York, January 18, 2026, 21:26 EST — Market closed.
- Amkor shares ended Friday down 2.5% at $48, underperforming a broader chip-stock rise.
- A late-week SEC Form 144 showed an Amkor officer planned to sell 5,000 shares after an option exercise.
- U.S. markets reopen Tuesday after the Martin Luther King Jr. Day holiday; traders eye earnings season and Amkor’s next results window.
Amkor Technology Inc shares (AMKR.O) closed down 2.5% at $48 on Friday, swinging between $46.78 and $50.78. The dip came as an SEC filing showed an executive planned to sell a small block of stock.
With Wall Street dark on Monday, the next clean read comes Tuesday, when investors will have to decide if Friday’s chip momentum carries through or fizzles in thinner, post-holiday trade. For Amkor, a packaging-and-test name, tape action can turn quickly when sentiment shifts from “AI supply chain” to plain old cycle worries.
That is why even small insider signals can land harder than usual. A Form 144 filing is a notice that an insider intends to sell shares under Rule 144; it is not proof a sale has happened.
The notice was filed by Mark N. Rogers, listed as an officer, for a potential sale of 5,000 common shares through Morgan Stanley Smith Barney. The filing said the shares were acquired via a stock option exercise and also listed two prior sales of 20,000 shares each in November and December. (SEC)
In the broader market, U.S. stocks ended nearly flat on Friday heading into the long weekend, while the Philadelphia SE Semiconductor Index (.SOX) gained 1.2%, Reuters reported. “One of the other reasons markets have been flat-lining is we’re at the start of the earnings season,” said Anthony Saglimbene, chief market strategist at Ameriprise Financial. (Reuters)
Amkor sits in the back half of the chip chain, doing outsourced packaging and testing — the steps after chips are made on a wafer, including wrapping them and checking they work. The company said in October it expanded its planned Arizona advanced packaging campus to $7 billion, targeting production in early 2028, and Chief Executive Giel Rutten said it is “building a facility to meet our customers’ most advanced needs.” (Business Wire)
The Arizona push has been central to the bull case that advanced packaging is becoming strategic, not just a commodity step. Amkor said in 2023 it would spend $2 billion to build a new advanced packaging and test facility in Arizona that would package and test chips for Apple produced at a nearby TSMC site. (Reuters)
Washington has also been part of the story. In July 2024, the U.S. Commerce Department said it planned to award Amkor up to $400 million in grants to support the Arizona project. (Reuters)
For AMKR, the next near-term marker is its next quarterly report; Nasdaq estimates the company will report around Feb. 9. Investors will weigh any read-through from semiconductor earnings this week against what Amkor might say about demand and ramps. (Nasdaq)
But there’s an obvious caveat: the insider notice is small and can reflect routine selling after option exercises, especially when executives manage tax bills or diversify. The bigger risk for the stock remains operational — a sudden slowdown in end demand (phones, PCs, autos) can crimp packaging volumes fast, and large U.S. buildouts can squeeze margins if ramps slip or costs run hot.
U.S. stock markets are closed Monday for Martin Luther King, Jr. Day and reopen Tuesday, Jan. 20. Traders will watch the first hour for direction — and then, more quietly, the calendar toward Amkor’s next results window. (Nyse)
