Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

Amkor Technology stories

Jul 23, 2026

Nvidia and Amkor Sign $1.5 Billion Advanced Chip Packaging Agreement

In July 2026, Nvidia and Amkor Technology signed a $1.5 billion multi-year deal to expand advanced chip packaging and testing capacity in the United States, supporting next-generation AI infrastructure. Amkor shares rose approximately 17% in after-hours trading on the news.

Jul 23, 2026·7 sources
00

Top claims

  • ▪Nvidia Corp. Executive Vice President of Operations Debora Shoquist stated that artificial intelligence is driving a generational shift in technology, creating an opportunity to reinvigorate American manufacturing and supply chains.
  • ▪Nvidia Corp. and Amkor Technology Inc. will jointly develop packaging and testing technologies, focusing on high-density interconnects and advanced heterogeneous integration to combine different chips into a single package.
  • ▪Amkor Technology Inc. shares surged between 12% and 17% in extended trading following the announcement of the partnership with Nvidia Corp. on July 23, 2026.

Topics

AISupply chain reshoringCompute, chips & AI infrastructureSemiconductor manufacturing

Related entities

United States

Featured Stories

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

Aug 7, 2026·2 sources