Needham raised the firm’s price target on Amkor Technology (AMKR) to $90 from $65 and keeps a Buy rating on the shares. The company reported solid Q1 results, with revenue and gross margins nicely above consensus, the analyst tells investors in a research note. For 2026, Computing is still expected up over 20%, with AI/data center-related strength offsetting weakness in PC, Needham states.
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