Applied Materials Invests $4 Billion in New California Semiconductor Tool Center

 


Recently, Applied Materials announced that it will invest $4 billion in a new R&D center in California, which will focus on designing and manufacturing tools for semiconductor manufacturing.


In just over nine months since U.S. President Biden signed and authorized the "2022 Chip and Science Act", many private companies have announced that they will invest in semiconductor production, supply chain and R&D in the next ten years. Nearly $140 billion. In addition, the U.S. Department of Commerce has received 300 “expressions of interest” for chip incentives from potential applicants, covering projects from 37 states and across the semiconductor ecosystem.


The Chips and Science Act of 2022 authorizes a record $53 billion in federal investments to strengthen and revitalize the nation's position in semiconductor research, development, and manufacturing.


Companies announcing investment plans include: Analog Devices, EMP Shield, GlobalFoundries, IBM, IntelMicron TechnologyTexas Instruments, Taiwan Semiconductor Manufacturing, and Wolfspeed.


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