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Barchart
Barchart
Jim Van Meerten

You May Not Know ASE Technology, But the Chip Stock Has Nearly Quadrupled

ASX Barchart
  • ASE Technology (ASX) shares are up nearly 290% over the past year and exhibit strong technical momentum.
  • ASX maintains an 88% technical “Buy” rating from Barchart.
  • Revenue is projected to grow 22.81% this year and 21.14% next, with earnings expected to nearly double both years.
  • Analyst sentiment is mixed as some assign “Strong Buy” ratings and others warn it’s as much as 50% overvalued.

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