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Economy

Nvidia signs US$1.5 billion accord with OSAT firm Amkor for chip packaging

This boosts Amkor’s production in Asia to create a geographically diverse and resilient global supply chain

Source: The Business Times Singapore · July 23, 2026 at 11:07 PM · AI-assisted report

Nvidia signs US$1.5 billion accord with OSAT firm Amkor for chip packaging
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Photo: Wikimedia Commons — Nvidia

SINGAPORE, 24 JULY 2026 —

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[SAN FRANCISCO] Nvidia signed a US$1.5 billion agreement with Amkor Technology to help bolster the company’s chip packaging facilities, part of a broader push to expand semiconductor operations in the US.

Reporting by The Business Times Singapore forms the basis of this account, which remains open as the story develops.

Attention centres on Nvidia and Singapore as the situation develops.

Global development — watch for knock-on effects on oil prices, the ringgit, and KLCI risk sentiment.

Malaysia's position in the semiconductor supply chain makes this a story with local consequences, not just global ones.

It falls under the desk's economy beat, tracking the institutions and policy decisions that move the domestic economy.

Related: Nvidia · Singapore

Malaysia Impact

Global development — watch for knock-on effects on oil prices, the ringgit, and KLCI risk sentiment.

Reporting based on The Business Times Singapore. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.

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