Shares of ASE Technology Holding (ASX) surged 11% to $38.70 in pre-market trading after a key subsidiary announced a significant investment in new equipment.
- On May 25, the company disclosed that its unit acquired a new batch of machinery and equipment for T$2.71 billion (approximately US$90 million).
- The investment signals potential capacity expansion or technology upgrades, fueling investor optimism and extending the stock's sharp rebound from last week’s selloff.