Amkor Technology is trading 5.8% up now at $69.10 after announcing a roughly $1.5 billion multiyear partnership with Nvidia focused on advanced AI chip packaging and testing capacity.
- The deal includes a significant prepayment from Nvidia to expand Amkor’s high-end packaging footprint.
- The partnership reinforces Amkor’s role as a key outsourced semiconductor assembly and test provider.
- The agreement boosts investor confidence in the company's long-term exposure to AI-driven demand.