Amkor Technology is trading 8.7% up at $71.00 following the announcement of a major $1.5 billion multiyear partnership with Nvidia for advanced semiconductor packaging and testing.
- The deal includes a significant prepayment to expand advanced packaging capacity at Amkor’s Arizona campus, strengthening its domestic manufacturing footprint.
- The partnership positions Amkor as a critical U.S.-based player in the AI supply chain, significantly boosting long-term revenue expectations.
- Shares are seeing strong demand as the agreement secures a key role for Amkor in supporting Nvidia’s high-growth semiconductor production.