Lynch Susan D sold $302K of ONTO

Midday movers included Intuitive Machines, up about 9% after saying it received an authorization to proceed for a $600 million multisatellite communications program. EyePoint Pharmaceuticals fell about 70% after its Phase 3 wet AMD treatment failed its primary goal. JetBlue dropped 6% after a Seaport Research downgrade. Onto Innovation rose on Goldman coverage. Workday fell after a Deutsche Bank downgrade. Memory chip stocks rose after comments on Apple buying Chinese chips.

ONTO INNOVATION INC. (ONTO) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Exhibit 99.1 Onto Innovation Completes Strategic Investment in Rigaku Holdings Corporation Investment deepens strategic collaboration to advance next-generation X-ray-based process control solutions for semiconductor manufacturing Wilmington, Mass ., August 10, 2026 – Onto Innova

Onto Innovation (NYSE:ONTO) reported Q2 operating cash flow of $62 million and cash and short-term investments of about $1.9 billion as of June 30. In May it completed a $1.5 billion 0% convertible debt offering due 2031, netting about $1.2 billion, and used part for repurchases. Q3 revenue guidance is $380-$400 million; non-GAAP EPS about $2.28 at midpoint. Advanced-node revenue expected to grow over 35% in 2026; advanced-packaging growth outlook raised to about 80% for 2026.

ONTO INNOVATION INC. (ONTO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Onto Innovation Reports 2026 Second Quarter Results Wilmington, Mass ., August 6, 2026 – Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the second quarter of 2026. Second Quarter Business and Financial Highlig

The article highlights AI-driven semiconductor capex and profiles five equipment/testing stocks. Applied Materials (AMAT) raised its 2026 semiconductor equipment growth forecast to over 30%. Onto Innovation (ONTO) reported Q1 revenue of $291.95M and a $240M+ HBM purchase agreement through 2027. It also cites record results for Lam Research (LRCX), KLA (KLAC), and Teradyne (TER).

The article argues that AI-driven data center demand is boosting semiconductor capital equipment sales, citing strong YTD gains and results for Applied Materials, Lam Research, KLA, ASML, and Onto Innovation. It highlights Applied’s Q2 FY2026 revenue of $7.91B and raised 2026 equipment outlook to >30%, Lam’s March-quarter $5.84B revenue and $1.47 non-GAAP EPS, KLA’s $3.42B revenue and $9.40 EPS, ASML’s Q1 2026 $10.34B revenue and raised outlook to €36B–€40B, and Onto’s record Q4 2025 $266.87M re