Press release
Applied Materials to Extend Global Leadership in Semiconductor Manufacturing Technology
Applied to create a next-generation center for foundational semiconductor technology and process equipment R&D in Silicon Valley and expand equipment
About this update from Applied Materials, Inc.
[{"type":"text","content":"Applied to create a next-generation center for foundational semiconductor technology and process equipment R&D in Silicon Valley and expand equipment manufacturing facilities in the United States and Singapore\nSANTA CLARA, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced its intention to make multi-billion-dollar investments in its innovation infrastructure in the United States and to expand its global manufacturing capacity between now and 2030. These investments will enhance customer collaboration to accelerate improvements in semiconductor performance, power and cost – and enable the company to increase equipment manufacturing capacity as the digital transformation of the economy creates the opportunity for a $1 trillion semiconductor market. “Applied Materials is the world leader in materials engineering solutions – the foundational technologies that define how current and future generations of chips are made,” said Gary Dickerson, President and CEO. “With these investments, we will double our innovation infrastructure in the United States and significantly expand our ability to serve customers building new fabs in America and around the world.” At the heart of these investments, the scale of which will be contingent upon receiving government support, Applied Materials plans to build a next-generation R&D center in Sunnyvale, California. This high-velocity innovation platform will be dedicated to advancing materials engineering, foundational semiconductor technologies and process equipment. The Silicon Valley center will play a central role in collaborative research and development with all the world’s major chipmakers, bolster university partnerships, and be capable of engaging with a future U.S. National Semiconductor Technology Center. Applied expects to make this investment with support from the U.S. government through provisions of the CHIPS and Science Act and the State of California through the Governor’s Office of Business and Economic Development (GO-Biz) California Competes Grant awarded earlier this year. An event to mark the launch of this investment is planned for early 2023 in Silicon Valley. In addition, Applied Materials intends to expand its U.S. equipment manufacturing capacity as well as invest in new infrastructure to both accelerate collaboration with the industry ecosys...