Onto Innovation shares are trading higher after the company announced the opening of the packaging applications center of excellence in the US, enabling 2.5D and 3D chiplet architectures and AI packages.
Portfolio Pulse from Benzinga Newsdesk
Onto Innovation's shares rose following the announcement of a new packaging applications center in the US, which will support advanced chiplet architectures and AI packages.
September 04, 2024 | 1:02 pm
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Onto Innovation's stock is trading higher due to the opening of a new packaging applications center in the US, which enhances capabilities in 2.5D and 3D chiplet architectures and AI packages.
The opening of the new center is a significant development for Onto Innovation, as it positions the company to better serve the growing demand for advanced chiplet and AI package technologies. This positive news has led to an increase in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100