Applied Materials to invest US$4bil in Silicon Valley


Applied Materials said the research centre will come online in 2026 and create up to 2,000 jobs. — Reuters

SAN FRANCISCO: US semiconductor toolmaker Applied Materials Inc says it plans to spend up to US$4bil (RM18.2bil) on a research centre in the heart of Silicon Valley to speed up advances in semiconductor manufacturing.

The centre, based in Sunnyvale, California, will come online in 2026 and create up to 2,000 jobs, said Applied Materials, the world’s biggest maker of tools used in manufacturing chips.

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