On October 21, Amkor Technology, a leading provider of chip packaging and testing services, entered into an additional agreement with NVIDIA, valued at $1.3 billion. This deal aims to bolster production capabilities in South Korea. When factoring in prior collaborations, the cumulative worth of their multi-year partnership has now soared to $3 billion. Reacting to this announcement, Amkor Technology's stock price experienced a significant uptick, climbing as much as 12% during intraday trading sessions.
