Amkor stock falls 10% despite beating Q1 estimates

Amkor Technology (AMKR) fell 10% pre-market despite beating Q1 estimates and raising Q2 guidance. The stock had climbed 76% YTD. Goldman Sachs lifted its target to $65, and Needham to $90, citing strong AI demand and computing growth offsetting PC weakness. AMKR also authorized a $300 million buyback.

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