ASE Technology: A Mid-Term Trade to Ride Advanced Packaging Demand
ASE Technology (ASX) sits squarely in the path of multiyear growth for advanced semiconductor packaging driven by AI, HPC and 5G. With a $78.7B market cap, recovering technicals and sizable institutional volume, this trade targets a re-test of the 52-week high near $41 while limiting downside with a $31 stop. The plan is structured for a mid-term w…