10 Stocks With Eye-Popping Gains; 7 Soar to Fresh Highs

8. ASE Technology Holding Co., Ltd. (NYSE:ASX)

ASE Technology extended its winning streak to a second day on Monday to touch a new all-time high, as investors loaded portfolios amid the growing optimism for semiconductor and artificial intelligence stocks.

At intra-day trading, ASE Technology Holding Co., Ltd. (NYSE:ASX) surged to a new 52-week record of $11.52 before trimming gains to close the day just up by 9.93 percent at $11.51 apiece.

ASE Technology Holding Co., Ltd. (NYSE:ASX) mimicked the rally of its semiconductor counterparts, supported by a key player’s report last week of a stellar earnings performance in the second quarter of the year, alleviating concerns for the AI industry.

In other news, ASE Technology Holding Co., Ltd. (NYSE:ASX) dropped its net income attributable to shareholders in the second quarter of the year by 3.6 percent to NT$7.5 billion from NT$7.8 billion in the same period last year.

Total revenues grew by 7.5 percent to NT$150.7 billion from NT$140.2 billion year-on-year.