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US chip equipment giant Applied Materials to invest $5 billion in India over 10 years
The US chip equipment major will build a 140-acre research park and expand its India supply chain 10-fold as New Delhi pushes to build a wider semiconductor ecosystem
US chip equipment giant Applied Materials will invest $5 billion in India over the next decade as the country expands its semiconductor ecosystem beyond chip fabrication.
The company announced the investment on Thursday. It will include a new 140-acre research and development park in India to strengthen the company’s R&D capabilities and bring new semiconductor technologies to the country.
