financetom
Business
financetom
/
Business
/
Amkor shares rally in late trade, to work with Nvidia on packaging 
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amkor shares rally in late trade, to work with Nvidia on packaging 
Nov 19, 2025 3:24 PM

(Reuters) -Shares in Amkor Technology rose more than 8% in after-the-bell trading on Wednesday during Nvidia's conference call after the AI chip leader's chief financial officer named Amkor ( AMKR ) among companies it plans to work with on chip packaging. 

Amkor ( AMKR ) shares were last at $33.58 after hitting a high of $34.75 after closing the regular session up 2.4% at $31.43.

Nvidia CFO Colette Kress told investors the company plans to work with Amkor ( AMKR ) and Siliconware Precision Industries Co Ltd to expand its U.S. manufacturing footprint over the next four years. 

Nvidia ( NVDA ) last month said it produced its first "Blackwell" AI chips at Taiwan Semiconductor Manufacturing Co's Arizona factory but before those chips can be sold, they must be shipped to Taiwan for an advanced packaging process.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Brazil's police target ex-Americanas executives in fraud probe
Brazil's police target ex-Americanas executives in fraud probe
Jun 27, 2024
RIO DE JANEIRO, June 27 (Reuters) - Brazilian police said on Thursday they had raided the houses of two former Americanas executives as part of an investigation into alleged accounting fraud at the retailer, which filed for bankruptcy protection last year. Americanas, one of Brazil's biggest online and bricks-and-mortar retailers, was thrown into crisis in January 2023 when it revealed...
Eni Sells Alaskan Upstream Assets To Hilcorp In Strategic Streamlining: Details
Eni Sells Alaskan Upstream Assets To Hilcorp In Strategic Streamlining: Details
Jun 27, 2024
Eni S.p.A. (NYSE:E) shares are trading higher after the company finalized a binding agreement with Hilcorp to sell complete ownership of the Nikaitchuq and Oooguruk assets in Alaska. The value of the transaction will be announced upon its closing. This transaction aligns with Eni’s strategy to streamline upstream activities, rebalance its portfolio, and divest non-strategic assets. Eni’s financial framework supports its...
Cogent Biosciences Reaches Alignment With US FDA to Use Patient-Reported Symptom Tracking in Trial
Cogent Biosciences Reaches Alignment With US FDA to Use Patient-Reported Symptom Tracking in Trial
Jun 27, 2024
09:44 AM EDT, 06/27/2024 (MT Newswires) -- Cogent Biosciences ( COGT ) said Thursday that it has reached alignment with the US Food and Drug Administration for the use of patient-reported symptom tracking in the second part of a study to test bezuclastinib in nonadvanced systemic mastocytosis patients. The Mastocytosis Symptom Severity Daily Diary is a questionnaire that asks participants...
AbbVie Buys Celsius Therapeutics for $250 million
AbbVie Buys Celsius Therapeutics for $250 million
Jun 27, 2024
09:33 AM EDT, 06/27/2024 (MT Newswires) -- AbbVie ( ABBV ) said Thursday it has acquired privately held biotechnology company Celsius Therapeutics for $250 million in cash, subject to certain customary adjustments. Price: 170.76, Change: -0.39, Percent Change: -0.23 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved