Nvidia and Amkor Partner in $1.5 Billion Deal for US Chip Packaging Expansion

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-24
Category: technology
Source: The Business Standard
Original source

Nvidia and Amkor Technology have forged a multi-year agreement worth $1.5 billion to significantly increase advanced semiconductor packaging and testing capabilities in the United States. This collaboration aims to strengthen domestic AI infrastructure, with Nvidia providing a prepayment to support Amkor's operations, including a facility in Arizona. The companies will also work together on developing new packaging and testing technologies for AI and accelerated computing platforms.

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