S&P 500 falls as traders turn sour on tech
Amkor Technology, Inc. (NASDAQ:AMKR) announced that John Liu resigned from its board of directors on October 28. According to a statement released in a Securities and Exchange Commission filing, the company indicated that Liu’s resignation was not the result of any disagreement with Amkor regarding its operations, policies, or practices.
Following Liu’s departure from the board, the company’s directors reduced the size of the board from eleven to ten members.
Amkor also stated that John Liu will join the company as executive vice president of corporate development and strategy, effective Monday. The company provided this information in a press release statement included in its SEC filing. Based on InvestingPro analysis, Amkor is currently fairly valued. Investors can access 14 additional ProTips and comprehensive Pro Research Reports covering what really matters about Amkor and 1,400+ other top stocks through intuitive visuals and expert analysis.
In other recent news, Amkor Technology reported its third-quarter 2025 earnings, surpassing analyst expectations. The company achieved earnings per share of $0.51, exceeding the projected $0.43. Revenue also came in strong at $1.99 billion, compared to the anticipated $1.93 billion. Despite the positive financial results, the company’s stock experienced a decline in after-hours trading. This development highlights the market’s complex reaction to earnings reports. Investors may want to consider these figures as they evaluate Amkor Technology’s performance. These updates provide insight into the company’s recent financial health and market perception.
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