Dutch chip firm ASM to construct US$324mil US base in Arizona


The Dutch manufacturer of chipmaking gear is set to hire 500 people for the new facility in Scottsdale, Arizona. — Bloomberg

NEW YORK: ASM International NV plans to invest US$324mil in a new US headquarters in Arizona, furthering its international expansion in a state with an already-booming semiconductor economy.

The Dutch manufacturer of chipmaking gear is set to hire 500 people for the new facility in Scottsdale, Arizona.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit closes higher against the greenback
Rising bond yield poser for banks
RAJA cluster job to bolster Dialog profit
Palm oil exports forecast to be stable in 2027
ETA Group in recurrent related party transactions
Data centre sector growth to propel Southern Score
Aussie contract win fuels Gamuda momentum
GB Bond IPO oversubscribed by 8.22 times
KESM 4Q earnings rise 11-fold
Maybulk to buy RM35.5mil Klang land

Others Also Read