Amkor Technology, an American semiconductor product packaging and testing service provider, announced on July 23, local time, that it has reached a $1.5 billion multi-year cooperation agreement with Nvidia to jointly develop advanced semiconductor packaging and testing technology for next-generation artificial intelligence and accelerated computing platforms. Under the agreement, Nvidia will provide advance payments to support Amkor's expansion of advanced packaging production capacity in the US.

Amkor Technology, an American semiconductor product packaging and testing service provider, announced on July 23, local time, that it has reached a $1.5 billion multi-year cooperation agreement with Nvidia to jointly develop advanced semiconductor packaging and testing technology for next-generation artificial intelligence and accelerated computing platforms. Under the agreement, Nvidia will provide advance payments to support Amkor's expansion of advanced packaging production capacity in the US.