The multi-year agreement triggers an immediate expansion of Amkor’s U.S.-based capacity, fueled by a direct prepayment from Nvidia. This capital infusion arrives as Amkor seeks to solidify its role in the AI hardware supply chain. Prior to the announcement, Amkor shares had closed the regular session at $65.33, down 2.45%, before climbing to $76.35 in extended trading.
In section Market Quotes
Amkor Shares Surge on $1.5 Billion Nvidia Packaging Deal
A 16% jump in after-hours trading greeted Amkor Technology’s announcement of a $1.5 billion strategic partnership with Nvidia. The deal centers on developing advanced semiconductor packaging and testing technologies specifically engineered for the high-performance demands of next-generation artificial intelligence and accelerated computing platforms.
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