Onto Innovation’s upward momentum and heightened trading activity were primarily fueled by strong fundamental performance and positive industry-wide tailwinds within the semiconductor capital equipment sector. A major catalyst driving enthusiasm was a robust read-through from industry peer Camtek, which posted record quarterly financial results and highlighted surge-level demand for advanced packaging, high-bandwidth memory, and chiplet architectures. Because both companies operate as key suppliers of process control, metrology, and inspection systems, strong order visibility and raised guidance across the subsector reassured institutional investors of an accelerating capital expenditure cycle tied to artificial intelligence…