🟢 Onto Innovation is trading 7.1% up today on semiconductor sector rebound

Onto Innovation is trading 7.1% up today at $323.63 as semiconductor stocks rebound following the prior session’s sector-driven selloff.

• The broad chip rally is fueled by renewed optimism for AI-related demand and improved memory-chip profitability.
• The upward move helps the stock recover a significant portion of its recent 6.1% decline.
• The gains appear driven by industry-wide sentiment rather than fresh company-specific news.