Nvidia is significantly expanding its AI supply chain, driving major gains for partners. Amkor Technology (AMKR) surged 8% after announcing an expanded advanced packaging partnership with Nvidia in South Korea, targeting a 300% increase in interposer wafer capacity by 2028 . This move is part of Nvidia's broader strategy to scale global manufacturing capacity across multiple partners to meet surging AI demand .
Separately, Moody's upgraded Taiwan Semiconductor Manufacturing Co's (TSM) issuer rating to Aa2 from Aa3, citing its dominant market share and persistent demand for AI applications. TSM reported a 51% YoY revenue surge in Q3 2026, with advanced nodes accounting for 79% of wafer revenue .
Amkor Technology stock jumps on Nvidia advanced packaging expansion
STREETINSIDER.COMOct 21, 11:47 AM UTC
Moody’s upgrades TSMC rating to Aa2 on booming AI demand and market dominance
STREETINSIDER.COMOct 21, 4:34 PM UTC
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