Amkor Technology shares surged 12.2% after hours after securing a multi-year AI semiconductor packaging partnership with Nvidia.

July 23 : Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in…

Under the agreement, Nvidia will make a prepayment to support the expansion of Amkor's US advanced packaging operations, including capacity in Arizona.