Growth ExpectationsLooking beyond current cyclical demand weakness, long-term growth for AT&S is expected, driven by rising IC substrate penetration in AI/HPC.
Price Target UpsideDespite current challenges, there is an upside to the price target of 37.5%.
Strategic Business SaleAT&S announced the sale of its Korean business to an Italian company for €405 million, which should ease investors' concerns on refinancing.