Onto Innovation is trading 4% up today at $260.59, tracking a broad rally across the semiconductor sector following strong pre-market gains in chip stocks.
- The move follows a surge in the SOXX ETF, which rose over 3% amid renewed optimism regarding AI infrastructure spending and better-than-feared tech earnings.
- The stock is extending a sharp rebound from the previous session, moving in tandem with the wider industry as no company-specific news has been reported.