Nvidia Partners With Amkor on $1.5B Advanced Packaging Deal; AMKR Surges 12% After-Hours

NVDA-1.58%
AMKR-2.40%
According to official statements, Nvidia and Amkor Technology entered into a multi-year strategic partnership with a $1.5 billion prepayment from Nvidia announced today after-hours to support advanced semiconductor packaging capacity expansion. AMKR stock surged 12% in after-hours trading, while NVDA slipped 0.4%. The deal centers on expanding Amkor's planned advanced packaging and testing facility in Arizona to strengthen domestic semiconductor supply chains and support next-generation AI hardware development.
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