StocksMedium18 August 2026
1 min read

ONTO Innovation Invests $720M in Rigaku to Expand X-Ray Semiconductor Tech

Key Facts

1ONTO acquired a stake in Rigaku for $720 million to add X-ray process control capabilities to its portfolio.

Amid the global race to develop more sophisticated electronic chips, ONTO Innovation has announced a strategic move to expand its technical portfolio. According to reports, the company acquired a stake in Rigaku for $720 million, aiming to integrate X-ray-based process control technologies into its semiconductor manufacturing solutions. This move comes as the need for advanced inspection systems grows to keep pace with the increasingly complex structures of modern chips.

This investment directly targets a niche market valued at approximately $1 billion, through which ONTO seeks to enhance its quality control and precision monitoring capabilities. Per analyst assessments, this expansion targets a high-growth sector, reflecting the company's long-term vision to dominate advanced inspection technologies. The deal represents a mid-cap investment aimed at achieving strategic returns as global manufacturing technologies evolve.

Based on available data, specific price levels for ONTO shares are currently unavailable as of the reporting date. From a macroeconomic perspective, technology sector investors are monitoring U.S. Consumer Price Index (CPI) data, which in previous readings (August 12, 2026) showed annual inflation stabilizing at 3.4%, a factor that could influence financing costs and capital expenditure within the semiconductor industry.

Sources:zacks.com