ASE Technology stock jumps after record $7 billion capex plan puts AI packaging in focus
ASE Technology shares jumped 7.2% to T$304.50 Friday after the company raised 2026 capital spending to a record $7 billion, targeting strong AI packaging demand. Management expects first-quarter revenue to fall 5–7% from the previous quarter. ASE reported Q4 net income of NT$14.7 billion and 2025 net revenue of NT$645.4 billion.