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SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said ​on Thursday.
Earlier this week, Amkor said it had secured ‌67 additional acres of land in Arizona next to a 104-acre parcel where it is developing a new campus where it plans to ​start production in 2028.
Modern data center chips such as ​those from AMD and Nvidia consist of multiple chips ⁠packaged together, and those packaging steps have become a ​key bottleneck in chip production.
Amkor once specialized in less-complex chip packaging ​but is working to move into more advanced versions of the technology, including through a partnership with Taiwan Semiconductor Manufacturing where Amkor will use ​some of TSMC's technology at a facility in Arizona to ​offer some of TSMC's older technologies to joint customers.
While Amkor has previously disclosed ‌planned ⁠work with Nvidia and Apple at the Arizona facility, Amkor CEO Kevin Engel told Reuters that the company is also working with AMD.
"We're moving up the value chain," Engel said. "We're ​more integrated with ​the customers, and ⁠that's really changing the dynamic to where we can extract more value out of our ​services."
At an investor event on Thursday, Amkor said ​it ⁠expects to have between $8.5 billion and $9.5 billion of revenue by 2028 and $11 billion in sales by 2030.
The $9 billion midpoint of the ⁠2028 ​forecast was slightly below analyst estimates ​of $9.1 billion, according to data from LSEG. Amkor shares declined 2.6% after the ​forecast.

Hmm... So, when did U first start worshiping NVDA?
# How Silicon Valley Turned Worshiping NVIDIA Into A New Religion
**SAN JOSE, CA** —Saint Jensen Huang adjusted his black leather vestment, carefully closed his eyes, and began to chant the sacred mantra, “I love AI, AI is god.”
Silicon Valley has officially stopped pretending it is a tech hub, and it has unveiled its new NVIDIA religion. According to a newly released landmark research study from the Stanford University Department of Applied Theology, the tech industry has completely phased out of reality, and it is now dedicated entirely to the worship of NVIDIA.
**The Prophet in the Leather Jacket**
The transition from Nasdaq darling to Supreme Silicon Valley Deity happened gradually, then all at once. It began when Jensen Huang, now known as *The Leather Jacket Oracle*, delivered his keynote speech at the Consumer Electronics Show (CES), which theologians now refer to as the Saint Jensen Revelation.
"We realized we weren’t just buying hardware," said Chad, a former Silicon Valley engineer who now identifies as a Born-Again NVIDIA worshiper. "We were buying salvation. A portfolio without NVIDIA can’t save your soul. Only Saint Jensen can save you, and you must become a Born-Again NVIDIA worshiper. That’s eternal life." Jensen’s signature black leather jacket has since been declared a holy relic.
Heretics who suggest that NVIDIA is "Ridiculously Overvalued, instead of buying every dip" are promptly excommunicated, stripped of their Patagonia hiking vests, and exiled to Austin, Texas. When asked for comment on whether NVIDIA intended to become a global religion, a company spokesperson replied via voicemail: "We do not comment on theological matters. However, we can confirm that heaven runs on NVIDIA chips, and admission to heaven requires a subscription to our enterprise software ecosystem."
At press time, NVIDIA shareholders were seen weeping tears of joy as NVIDIA’s market Cap valuation increased to **$5.4 trillion**, despite the fact NVIDIA’s GAAP net income for fiscal 2025 was **$72.88 billion**. Which means that, if someone bought the entire NVIDIA company at its current market valuation, would it take 74 years to turn a profit. So, it would take about 74 years of earning $73 Billion net income annually to recoup the $5.4 trillion purchase price for the entire company.

SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said ​on Thursday.
Earlier this week, Amkor said it had secured ‌67 additional acres of land in Arizona next to a 104-acre parcel where it is developing a new campus where it plans to ​start production in 2028.
Modern data center chips such as ​those from AMD and Nvidia consist of multiple chips ⁠packaged together, and those packaging steps have become a ​key bottleneck in chip production.
Amkor once specialized in less-complex chip packaging ​but is working to move into more advanced versions of the technology, including through a partnership with Taiwan Semiconductor Manufacturing where Amkor will use ​some of TSMC's technology at a facility in Arizona to ​offer some of TSMC's older technologies to joint customers.
While Amkor has previously disclosed ‌planned ⁠work with Nvidia and Apple at the Arizona facility, Amkor CEO Kevin Engel told Reuters that the company is also working with AMD.
"We're moving up the value chain," Engel said. "We're ​more integrated with ​the customers, and ⁠that's really changing the dynamic to where we can extract more value out of our ​services."
At an investor event on Thursday, Amkor said ​it ⁠expects to have between $8.5 billion and $9.5 billion of revenue by 2028 and $11 billion in sales by 2030.
The $9 billion midpoint of the ⁠2028 ​forecast was slightly below analyst estimates ​of $9.1 billion, according to data from LSEG. Amkor shares declined 2.6% after the ​forecast.

Hmm... So, when did U first start worshiping NVDA?
# How Silicon Valley Turned Worshiping NVIDIA Into A New Religion
**SAN JOSE, CA** —Saint Jensen Huang adjusted his black leather vestment, carefully closed his eyes, and began to chant the sacred mantra, “I love AI, AI is god.”
Silicon Valley has officially stopped pretending it is a tech hub, and it has unveiled its new NVIDIA religion. According to a newly released landmark research study from the Stanford University Department of Applied Theology, the tech industry has completely phased out of reality, and it is now dedicated entirely to the worship of NVIDIA.
**The Prophet in the Leather Jacket**
The transition from Nasdaq darling to Supreme Silicon Valley Deity happened gradually, then all at once. It began when Jensen Huang, now known as *The Leather Jacket Oracle*, delivered his keynote speech at the Consumer Electronics Show (CES), which theologians now refer to as the Saint Jensen Revelation.
"We realized we weren’t just buying hardware," said Chad, a former Silicon Valley engineer who now identifies as a Born-Again NVIDIA worshiper. "We were buying salvation. A portfolio without NVIDIA can’t save your soul. Only Saint Jensen can save you, and you must become a Born-Again NVIDIA worshiper. That’s eternal life." Jensen’s signature black leather jacket has since been declared a holy relic.
Heretics who suggest that NVIDIA is "Ridiculously Overvalued, instead of buying every dip" are promptly excommunicated, stripped of their Patagonia hiking vests, and exiled to Austin, Texas. When asked for comment on whether NVIDIA intended to become a global religion, a company spokesperson replied via voicemail: "We do not comment on theological matters. However, we can confirm that heaven runs on NVIDIA chips, and admission to heaven requires a subscription to our enterprise software ecosystem."
At press time, NVIDIA shareholders were seen weeping tears of joy as NVIDIA’s market Cap valuation increased to **$5.4 trillion**, despite the fact NVIDIA’s GAAP net income for fiscal 2025 was **$72.88 billion**. Which means that, if someone bought the entire NVIDIA company at its current market valuation, would it take 74 years to turn a profit. So, it would take about 74 years of earning $73 Billion net income annually to recoup the $5.4 trillion purchase price for the entire company.