$AMKR is over 30% off its all time high, and the last month makes that look ridiculous. The stock hit over $96 in early June, then bled down to the mid $60s with the whole sector. And a lot has happened. June they signed a 10 year advanced packaging agreement with TSMC in Arizona, sitting right next to TSMC’s fabs. They already package for AMD. Then yesterday, Nvidia handed them a $1.5 billion multi year deal. And Nvidia is PREPAYING, cash upfront against future capacity. What they do is the part most people miss. Amkor is the packaging layer of the chip supply chain. When TSMC finishes a wafer, someone has to package, stack, and test it before it works, and advanced packaging has quietly become one of THE bottlenecks in AI. Almost all of it happens in Asia. Amkor is basically t
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