🔴 Onto Innovation is trading 4.2% down today amid broader semiconductor sector weakness

Onto Innovation is trading 4.2% down at $292.07 in pre-market as semiconductor stocks face broad pressure from profit-taking and sector-wide news.

• The move extends recent volatility seen between July 9 and July 15 following a significant AI-driven rally.
• Investors are reacting cautiously to industry developments like recent TSMC earnings, though no company-specific news has been released for Onto Innovation this morning.