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title: Amkor to spend up to $3bn, near 40% of its revenue
description: Amkor Technology posted record Q2 2026 revenue of $1.9bn, up 26% year-over-year, with net income more than tripling. The company plans capital spending of...
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og:description: Amkor Technology posted record Q2 2026 revenue of $1.9bn, up 26% year-over-year, with net income more than tripling. The company plans capital spending of...
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# Amkor to spend up to $3bn, near 40% of its revenue

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Amkor Technology posted record Q2 2026 revenue of $1.9bn, up 26% year-over-year, with net income more than tripling. The company plans capital spending of $2.5bn–$3bn for 2026, representing 35–42% of annualised sales. Gross margins improved sharply to 16.8% from 12%, with advanced packaging products (flip chip and wafer-level) accounting for 82% of revenue. Nvidia committed $1.5bn as a prepayment to expand Amkor's US packaging capacity, and TSMC signed a 10-year advanced packaging agreement. Key risks include the absence of a backlog and short-term customer commitments despite massive capital commitments. Q3 guidance targets $1.95bn–$2.05bn in revenue with further margin expansion.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/amkor-q2-2026-record-revenue-capex-advanced-packaging>

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- [Nvidia commits $1.5B to Amkor to expand US chip packaging](https://daily.dev/posts/nvidia-commits-1-5b-to-amkor-to-expand-us-chip-packaging-mehyco6dy) · The Next Web · 0 upvotes · 0 comments
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---

Tags: [#nvidia](https://daily.dev/tags/nvidia)

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