Reported 8 months ago
Onto Innovation, a key player in providing metrology equipment crucial for advanced semiconductor manufacturing in AI systems, has seen its stock price rise by nearly 105% in the last year. The company, arising from a 2019 merger, has been investing in new technologies and equipment to meet the demands of chip manufacturers, positioning it well for future growth. Despite its seemingly high valuation, Onto's strong performance and promising outlook in a growing market suggest potential for further upside.
Source: YAHOO