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AMKR shares rise after hours as Arizona expansion moves to Phase 2

Amkor Technology Inc. announced Phase 2 of its Arizona manufacturing site and raised its total regional commitment to about $12 billion.

AMKR

Amkor Technology Inc. (AMKR) said on Tuesday it is significantly expanding its Arizona manufacturing footprint by launching Phase 2 of the site and increasing its total commitment in the region to about $12 billion. The company said the move comes amid overwhelming market demand.