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Applied Materials is expanding its footprint in Singapore as AI fuels semiconductor demand. According to Nikkei, the company has opened a US$500 million manufacturing campus there, a key part of its strategy to nearly double its global production capacity as AI accelerates semiconductor demand. ...
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Applied Materials is looking to expand its workforce in Southeast Asia. According to Nikkei, Brian Tan, the company's corporate vice president and president for Southeast Asia, said Applied Materials plans to hire at least 1,000 additional employees across the region this year, representing a 25% in...
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Riding sustained AI-driven demand across both logic and memory, Applied Materials has struck a more bullish tone for 2026, projecting over 30% growth in its semiconductor equipment business and more than 50% growth in packaging revenue, according to Reuters. The outlook marks a notable upgrade fr...
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As advanced packaging has emerged as a key growth opportunity amid the AI chip boom, equipment players are also making strategic moves across the value chain. According to ijiwei, Hong Kong–listed ASMPT has entered into a share purchase agreement with U.S. semiconductor equipment giant Applied Mat...
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The U.S. has reportedly halted shipments of semiconductor equipment to facilities operated by China’s second-largest foundry, Hua Hong. According to Reuters, citing sources, the U.S. Department of Commerce has sent letters to several companies, including Lam Research, Applied Materials, and KLA, n...