Onto Innovation Jumps 6% Tuesday Following Camtek Earnings and NVIDIA’s $500 Billion Partnership

Onto Innovation rose about 6% as investors reacted to strong second-quarter results from Camtek and fresh AI infrastructure optimism tied to NVIDIA. Camtek reported record Q2 revenue of $133.24 million, bookings above $600 million year to date, and management commentary pointing to accelerating demand in advanced packaging, HBM memory, and 2.5D/3D chip architectures. The article argues this is a direct positive read-through for Onto’s inspection and metrology tools, which are used in the same AI supply-chain nodes. Sentiment was further lifted by reports that NVIDIA is working with Apollo, BlackRock, and others on a financing platform that could mobilize more than $500 billion for AI infrastructure, implying more data-center and packaging investment ahead. Onto was already coming off a strong run, with shares up about 85% year to date, and investors are now looking for confirmation in its upcoming Q2 FY2026 earnings and order flow commentary.