$ONTO

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. EX-99.1 2 onto-ex99_1.htm EX-99.1 EX-99.1 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. Sec

B. Riley says ASML and TSMC’s Q2 earnings and guidance are “tone-setting” for semiconductors and chip equipment, citing AI infrastructure capex rising ahead of prior forecasts. It estimates CY26 AI capex near $880B and suggests TSMC could lift CY26 sales growth to +35% if CPU reclassified. It also flags higher wafer fab equipment spending and names Ichor, FormFactor, Onto, and Silicon Motion.

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).

Caterpillar said it will acquire Skycatch, a mining spatial data and analytics provider, to integrate its AI digital twin technology into MineStar and RPMGlobal. ONTO Health plans to buy LEVY Health to expand AI clinical decision support for women’s health. Telpay will acquire Notch to add accounts receivable automation to its payments platform.

A Substack piece says Onto Innovation (ONTO) could benefit from AI-driven advanced packaging, HBM, and GAA metrology. It cites ONTO’s July 1 price ($351.36), Q1 revenue ~$292M (+~10% YoY), adjusted EPS $1.42, and Q2 guidance revenue $320–$330M. It also notes a $710M Rigaku investment for a hybrid X-ray/optical metrology platform.

Onto Innovation (ONTO) reported first-quarter fiscal 2026 results: revenue of $292M (+10% sequential), EPS of $1.42 (beating by $0.04), and guided second-quarter revenue/EPS midpoints of $325M and $1.69, according to the company. The article also cites FactSet metrics and says ONTO shares are up about 100% year-to-date.

Deutsche Bank reiterated a Buy rating on Onto Innovation (NYSE:ONTO) and set a $350 price target, citing strong demand for chip-manufacturing equipment driven by high memory bandwidth needs and expecting semiconductor factory expansion. Stifel Nicolaus also reaffirmed Buy with a $350 target, and Oppenheimer kept Buy with a $370 target.

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

Simply Wall St’s valuation check on Onto Innovation (ONTO) says the stock price already reflects substantial future success tied to AI packaging growth. It highlights that 2026 growth targets exceed 30%, implying higher sensitivity to any slowdown in growth or margins. The piece is general analysis based on historical data and analyst forecasts.