ChipMOS August Revenue Rises By 33%; Shares Down

India, Sept. 10 -- On Thursday, ChipMOS TECHNOLOGIES INC. (IMOS) reported higher revenue in August 2026, compared to the same month last year.

On the Nasdaq, the shares were trading 3.29 percent lower at $56.47.

For August, the revenue of the company rose by 33.3 percent to NT$2.785 billion or $88 million from NT$2.090 billion or $66.0 million in the previous year.

The company said strong demand for memory products continues, mainly due to ongoing AI-related demand and supply shortages. It is working with customers to meet their current and future needs while carefully expanding production capacity based on confirmed customer demand.

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