[NVIDIA Signs $1.5 Billion Chip Packaging Agreement with Amkor] According to Golden Finance, on July 24, NVIDIA signed a $1.5 billion agreement with Amkor Technology Inc. to support the latter in enhancing its chip packaging facilities and expanding its semiconductor industry footprint in the United States. According to a statement released on Thursday, NVIDIA will make an advance payment to Amkor under the agreement to help boost its production capacity in Arizona. Following the announcement, Amkor's stock surged by approximately 15% in after-hours trading. The two companies stated that the collaboration will focus on developing chip packaging and testing technologies for artificial intelligence applications. Packaging is a critical final step in the semiconductor manufacturing process. (Cailian Press)