Amkor Technology Inc.
(NASDAQ:AMKR) shares are trading higher Friday after the company announced a multi-year strategic partnership with NVIDIA Corporation (NASDAQ:NVDA) to develop advanced semiconductor packaging and test technologies for AI and accelerated computing platforms.
Amkor shares are climbing with conviction.
Why is AMKR stock up today?
Nvidia–Amkor $1.5B Pact Boosts AI Packaging Under the agreement, valued at $1.5 billion, Nvidia will provide a prepayment to support the expansion of Amkor's U.S. advanced packaging capacity in Arizona, complementing the company's established manufacturing footprint across Asia.
