This Little-Known Semi-Cap Just Received a Massive AI Packaging Order

By Jose Najarro and Billy Duberstein – Sep 7, 2023 at 6:40AM

NYSE: ONTO

Onto Innovation

Market Cap

$9B

Today's Change

(4.08%) $7.44

Current Price

$189.77

Price as of April 26, 2024, 4:00 p.m. ET

In 2022, Onto made $1 billion in revenue from metrology equipment needed for leading-edge and advanced packaging.

The video focuses on Onto Innovation (ONTO 4.08%) and the strong demand the company is seeing thanks to the need for advanced packaging to make artificial intelligence (AI) chips. Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say. Also, consider subscribing and click the special offer link below.

*Stock prices used were the market prices of Aug. 30, 2023. The video was published on Sept. 6, 2023.

Billy Duberstein has positions in Onto Innovation. Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.