Amkor Technology hosts Investor Day, outlines $11B revenue target, Arizona ramp, and 2030 financial goals
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Amkor Technology's Investor Day outlined a plan to achieve ~$11B revenue and ~22%+ gross margin by 2030. Key highlights include the construction of an advanced packaging facility in Arizona, targeted for production start in 2028. The company reported a financial posture of $3.0B cash and $1.1B available credit, with liquidity at $4.1B proforma. Strategic initiatives focus on co-development and scalable platforms to enhance earnings leverage.
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