Companies / ONTO
NYSEOnto Innovation (ONTO) in our theses
Onto Innovation appears in one of our theses. Below is why it entered the basket and how it has done since publication.
The technological bottleneck in AI is shifting from silicon structures toward advanced chip packaging
Shrinking transistors physically is getting harder, so the fight for more compute is moving into advanced packaging. The capabilities the industry now depends on are controlled by a handful of suppliers of precision metrology and assembly equipment.
Why this company: A supplier of metrology, inspection and lithography solutions for demanding multilayer 2.5D and 3D structures. The company benefits enormously from the strict quality controls that heterogeneous chip packaging absolutely requires.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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