Amkor Technology Announces $1.3 Billion Expansion Agreement with NVIDIA

Amkor Technology has announced a $1.3 billion expansion agreement with NVIDIA to enhance its semiconductor packaging and testing capacity in South Korea. This agreement is part of a larger strategy to meet the increasing demand for advanced packaging for AI and accelerated computing platforms, bringing the total value of multi-year agreements between the two companies to approximately $3 billion. The investment aims to scale production capacity and address global supply chain constraints for high-performance AI chips.