Amkor Technology (AMKR) said late Thursday it has entered into a multi-year strategic partnership with Nvidia (NVDA) to develop advanced semiconductor packaging and test technologies for next-generation AI and accelerated computing platforms.
According to the agreement, Nvidia will offer a prepayment to support the expansion of Amkor's US advanced packaging capacity, the company said.
Shares of Amkor rose nearly 15% in after-hours activity.
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