New York, January 31, 2026, 21:20 (EST) — The market has closed.
- Amkor Technology (AMKR) dropped 3.3% on Friday, closing at $48.33.
- Focus now turns to the company’s quarterly results and outlook, due Feb. 9.
- Chip stocks dipped as investors digested U.S. rate uncertainties alongside a new signal from Fed leadership.
Amkor Technology’s shares ended Friday 3.3% lower at $48.33, after fluctuating between $47.79 and $50.99 during the session. Roughly 3.38 million shares changed hands. After-hours trading saw the stock slip another 0.7%, putting it under pressure ahead of Monday’s open. (Yahoo Finance)
U.S. markets are closed over the weekend, so attention now turns to Amkor’s full-year and fourth-quarter 2025 results, set for Feb. 9. Management will host a webcast at 5:00 p.m. Eastern. For this packaging-and-testing company, insights on demand and pricing often carry as much weight as the actual figures. (Yahoo Finance)
Wall Street slipped Friday after Donald Trump nominated former Fed governor Kevin Warsh to replace Jerome Powell, as investors absorbed a hotter-than-expected inflation report alongside fresh worries about a government shutdown. “Markets are calibrating to Trump’s pick of Kevin Warsh … and the outlook for monetary policy,” said Michael Hans from Citizens Wealth. Angelo Kourkafas at Edward Jones highlighted a combination of rate fears and patchy tech earnings. (Reuters)
The weakness spread beyond a single name. Semiconductor funds like the VanEck Semiconductor ETF slipped around 3.4% on Friday. Meanwhile, packaging-and-testing players ASE Technology Holding and ChipMOS Technologies each fell close to 4%.
Amkor operates at the back end of the chip supply chain, handling packaging and testing before chips are shipped. The company has been promoting its “advanced packaging” services—more intricate, compact chip connections that can enhance performance—alongside its core operations. (Reuters)
The Feb. 9 report offers the next opportunity for investors to gauge demand across smartphones, data-center gear, and other key end markets that fuel packaging line volumes. Any updates to guidance or changes in customer mix could trigger swift stock moves.
The risk is straightforward. Should management grow wary about near-term orders or flag rising costs from new capacity, the stock—already tracking high-beta chip names—could remain volatile, particularly if rate forecasts change once more.
Traders are focused on one key date this week: Feb. 9, when Amkor will release its earnings and share its outlook for the year ahead.