Nvidia and EMAG Technologies sign $1.5 billion agreement to support expansion of chip packaging capacity

According to Bloomberg, Nvidia (NVDA. US) and AMKR. US have signed a $1.5 billion agreement to support AMKR. US in expanding its chip packaging capacity. The agreement includes an advance payment from Nvidia to enhance the manufacturing capabilities of EMAK technology in Arizona. The stock price of EMAK Technology rose by about 15% in after hours trading. The cooperation between the two companies focuses on chip packaging and testing technology in the field of artificial intelligence.