We investigate if neural operators can predict the linear evolution of instability waves in high-speed boundary layers. To this end, we extend the design of the DeepOnet to ensure accurate and robust predictions, and also to perform data assimilation. In particular, we train DeepONet to take as inputs an upstream disturbance and a downstream location of interest, and to provide as output the perturbation field downstream in the boundary layer. DeepONet thus approximates the linearized and parabolized Navier-Stokes operator for this flow. For successful application to the high-speed boundary layer problem, we add sample weighting and Fourier input features to the regular DeepONet formulation. Once trained, the DeepOnet can perform fast and accurate predictions of the downstream disturbances within the range of training frequencies (inside the distribution). In addition, we show that DeepONet can solve the inverse problem, where downstream wall measurements are adopted as input, and a trained network can predict the upstream disturbances that led to these observations. This capability, along with the forward predictions, allows us to perform a full data assimilation cycle efficiently: starting from wall-pressure data, we predict the upstream disturbance using the inverse DeepONet and its evolution using the forward DeepONet. Finally, we introduce three new metrics to benchmark the training, evaluation and break-even cost of neural operators.