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Applied Materials to invest $4 billion in Silicon Valley chip research center

Applied Materials to Build $4 Billion Chip Research Facility in Silicon Valley

WASHINGTON— Applied Materials said it would invest up to $4 billion in a new California facility to conduct research on tools for making semiconductors, adding to a wave of chip-industry projects in the U.S. spurred on by federal government subsidies. The Santa Clara, Calif.-based company, a leading maker of machines used to make advanced chips increasingly seen as crucial to modern economies and geopolitical power, will invite chip makers and universities to collaborate and experiment with its equipment at the facility, which is expected to be complete by 2026. As the drive to make faster-calculating chips by shrinking transistors and packing more of them on chips runs up against physical barriers, chip makers are turning to new materials and creative engineering to advance the industry.

Applied Materials Launches Multibillion-Dollar R&D Platform in Silicon Valley to Accelerate Semiconductor Innovation

CORRECTED-Applied Materials to invest $4 bln in Silicon Valley chip research center

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