Amkor Technology partners with AMD on chip packaging, targets $9.5B revenue by 2028
Amkor Technology has announced a partnership with AMD focused on advanced chip packaging. The collaboration is part of Amkor's plan to establish a significant manufacturing facility in Arizona, with production expected to start in early 2028. However, the company's revenue projections for 2028 fell short of Wall Street expectations, leading to a decline in its stock price.
- ▪Amkor Technology has partnered with AMD for advanced chip packaging.
- ▪The new manufacturing campus in Arizona is set to begin production in early 2028.
- ▪Amkor's revenue guidance for 2028 is between $8.5 billion and $9.5 billion, which is below market expectations.
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Amkor Technology partners with AMD on chip packaging, targets $9.5B revenue by 2028 The semiconductor packaging giant is betting big on Arizona, backed by $407 million in CHIPS Act funding, but Wall Street wanted more. Share Add us on Google by Editorial Team May. 21, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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