Press release
Applied Materials Convenes Leaders from Industry, Academia and Government at “Summit to Advance Semiconductor Leadership”
U.S. Vice President Kamala Harris joins top leaders in the semiconductor R&D ecosystem to address key challenges facing growth and progress in the global chip
About this update from Applied Materials, Inc.
[{"type":"text","content":"U.S. Vice President Kamala Harris joins top leaders in the semiconductor R&D ecosystem to address key challenges facing growth and progress in the global chip industrySummit coincides with the launch of Applied’s new EPIC Center in Silicon Valley SUNNYVALE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today hosted the Summit to Advance Semiconductor Leadership – an event focused on exploring solutions for overcoming key challenges facing the semiconductor industry on its path to becoming a $1 trillion market over the next decade. The summit took place at the future site of Applied’s new multibillion-dollar Equipment and Process Innovation and Collaboration (EPIC) Center in Silicon Valley, also announced today. U.S. Vice President Kamala Harris joined other senior-level government officials at the summit along with global industry executives from semiconductor design, manufacturing and equipment companies, as well as academic leaders representing top engineering universities. A list of participating organizations may be found below. Discussions throughout the day were focused on three critical topics: Economic Sustainability: Government funding and incentives are a catalyst to accelerate investment in new manufacturing capacity and research and development (R&D). Participants discussed the key factors that can ensure these investments are sustainable and durable over multiple generations of technology, and how industry and government can work together to maximize the positive long-term impact.National Security: Advanced semiconductors are the foundational building blocks of modern society, underpinning new technologies that can address the world’s most important challenges. The summit examined how industry and government can collaborate in new ways to advance technology that improves the standard of living globally, while protecting national security.Talent Development: The semiconductor industry has a rich history of innovation, overcoming seemingly insurmountable technical challenges in physics, chemistry and materials science. With a million new semiconductor scientists and technicians needed in the next decade, participants addressed the need to create a vibrant and inclusive pipeline of next-generation innovators that can help drive its growth. “Over many decades, the chip industry has relentlessly pushed...