ASE Technology's stock jumps 263% as it shifts to high-margin AI chip packaging.

ASE Technology has transformed from a low-margin OSAT provider to a key player in AI infrastructure, driving a 263% stock increase over the past year. The company's advanced packaging, especially for AI accelerators, addresses industry-wide capacity shortages and boosts profitability, with gross margins rising from 16.8% to 20% in Q1. Moving forward, ASE is developing advanced CoWoS-like packaging for next-gen AI chips, positioning it for further growth in a high-demand market.