ONTO topped Q1 guidance as AI chip demand boosts advanced packaging and metrology, with a stronger Q2 outlook and full-year revenue expected above $1.3B.
Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) just told the Street its semiconductor equipment business will grow more than 30% in calendar 2026, an upward revision from a prior bar of 20%.
The latest trading day saw Onto Innovation (ONTO) settling at $321.44, representing a +1.39% change from its previous close.
On July 07, 2026, Onto Innovation Inc (ONTO) shares fell 7.9% today, bringing the current price to $279.93. The stock has experienced a significant decline over

Best Momentum Stock to Buy for July 7th

11:01am, Tuesday, 07'th Jul 2026
AMAT, ONTO and BSET made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 7, 2026.
On July 02, 2026, Onto Innovation Inc (ONTO) shares fell by 12.5%, bringing the current price to $307.58. The stock has experienced a significant 52-week range,
Onto Innovation's 25.5% rally reflects AI-led demand, advanced packaging gains and new product momentum, but rich valuation raises questions about the next move.
Chip company Onto Innovation, Inc. (ONTO) up 238% in a year from AI demand.
In the latest trading session, Onto Innovation (ONTO) closed at $323.92, marking a -5.9% move from the previous day.
Onto Innovation which has surged by over 260% and has outperformed the Russell 1000 by 10x over the past year, is still deemed worthy of a buy rating. ONTO is positioned across front-end and back-end
On June 23, 2026, Onto Innovation Inc (ONTO) shares fell 9.2% today, closing at $315.88. This move comes after a strong year of performance, with shares up 236.
Onto Innovation and KLA are riding AI-driven chip demand, but their growth paths, valuations and advanced packaging exposure differ.
ONTO is benefiting from AI-driven advanced packaging demand with Dragonfly G5 adoption, expanding customer wins and a pipeline targeting new market share.
Onto Innovation (ONTO) closed at $316.15 in the latest trading session, marking a -5.9% move from the prior day.
The crowd on Polymarket is pricing a 100% probability that SpaceX completes its IPO by June 30, with the offering targeted at $135 per share for a $75 billion raise.
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