ASE raises 2026 advanced packaging revenue forecast to more than $3.5 billion on strong AI chip demand

ASE Technology Holding, the world's largest chip packaging and testing provider, expects its advanced packaging business revenue to rise 10% to more than $3.5 billion in 2026, driven by strong customer demand for AI chips.

The company increased capital expenditures for this year by $900 million for buildings and infrastructure and an additional $600 million for machinery to support advanced packaging services demand in 2026 and 2027.

ASE reported first-quarter revenue of T$173.66 billion ($5.50 billion), up 17.2% from a year earlier, with net income up 87.3% at T$14.148 billion ($448.22 million). The company broke ground on a new chip testing campus in Kaohsiung with an investment of more than T$108.3 billion ($3.43 billion), with the first phase scheduled to begin operations in April 2027 and the second phase in October 2027.