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NASDAQ:ONTO 30 May 2026

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  • ASE Technology Stock Surges 77.1% in 3 Months Amid AI Growth
    June 15, 2026, 1:26 PM EDT. ASE Technology Holding (ASX) shares surged 77.1% over three months, outperforming the semiconductor industry's 49.9% and the S&P 500's 10.6%. The company's growth is driven by rising AI-related semiconductor demand, with Q1 2026 revenues up 17% year-on-year and net income jumping 87%. Its Assembly, Testing and Material (ATM) segment saw a 30% revenue increase and a 90% rise in operating income, fueled by advanced packaging and AI infrastructure testing. The LEAP business, central to this rally, now has a raised 2026 revenue forecast above $3.5 billion, supported by increased capital expenditure to meet AI customer demand. ASE's expanding AI-driven product mix and improving margins reinforce the stock's bullish outlook despite the recent price rally.

Latest articles

Accenture drops on Morgan Stanley downgrade tied to AI spending

Accenture drops on Morgan Stanley downgrade tied to AI spending

15 June 2026
Morgan Stanley downgraded Accenture to Equal Weight and slashed its price target to $177 from $240, citing weaker-than-expected IT services budget growth and AI spending pressure; Accenture shares recently traded near $169, down about 0.8%, after falling 43.9% over the past year as investors await clarity on AI-driven demand ahead of the June 18 earnings call.
GE Vernova Stock Rebounds as AI Power Demand Keeps Electrification in Focus

GE Vernova Stock Rebounds as AI Power Demand Keeps Electrification in Focus

15 June 2026
GE Vernova surged 3.6% to $974.82 as investors returned after May’s 10.6% drop, driven by $2.4 billion in first-quarter data-center equipment orders and 71% organic order growth, but high expectations and concerns over data-center resistance and project disputes keep the stock sensitive to execution and profitability.
Alphabet Gains, Google Stock Nears $500 Mark

Alphabet Gains, Google Stock Nears $500 Mark

15 June 2026
Alphabet shares jumped 3.16% to $371.03 as investors weighed record AI infrastructure spending against surging Cloud growth and a 22% revenue gain; analysts remain split, with 12-month price targets ranging from $220 to $515, as Alphabet’s $84.75 billion capital raise and projected $180–$190 billion in 2026 capex fuel debate over whether AI investments will boost or pressure future stock performance.
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