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Applied Materials Unveils $5B Research Facility in Silicon Valley in Bid to Streamline AI Chipmaking

Summary by New York Post
The Santa Clara-based firm – a key supplier of equipment and software that tech giants like TSMC, Intel and Samsung use to build chips – is aiming to achieve faster breakthroughs by having scientists, engineers and researchers from companies and universities around the world collaborate under one roof.

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Samsung Electronics and SK Hynix are participating in a large-scale research and development (R&D) hub established in the United States by global semiconductor equipment manufacturer Applied Materials (AMAT). With major semiconductor companies such as TSMC, Intel, and Micron also joining, a global cooperation framework has been established for the development of next-generation semiconductor process and equipment technologies. On the 12th (local…

[Digital Daily Reporter Bae Tae-yong] Applied Materials, the world's leading semiconductor materials engineering and equipment company, has officially launched the world's largest collaborative R&D facility to accelerate the commercialization of artificial intelligence (AI) semiconductors. The top five global chip manufacturers—Samsung Electronics, SK Hynix, TSMC, and Intel—have all joined as founding partners to develop next-generation processe…

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Startup Fortune broke the news on Monday, October 12, 2026.
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