New $4 billion research center announced by semiconductor OEM

May 23, 2023
Project, spurred by the CHIPS Act, to create 2,000 engineering jobs while driving innovation with chipmakers, universities, and ecosystem partners

Applied Materials, Inc. announced plans to spend $4 billion to build a new research facility for chipmaking near Santa Clara, CA.

The new Equipment and Process Innovation and Commercialization (EPIC) Center would be the world’s largest and most advanced facility for collaborative semiconductor process technology and manufacturing equipment research and development (R&D).

The new innovation center is expected to be completed by early 2026 and would create up to 2,000 engineering jobs in Silicon Valley while acting as the nexus of more than $25 billion in company R&D investments in the first 10 years of operations. The facility is planned to include more than 180,000 square feet of state-of-the-art cleanroom for collaborative innovation with chipmakers, universities, and ecosystem partners.

Applied Materials indicated that their investment is contingent upon receiving support from the U.S. government through provisions of the CHIPS and Science Act. The act, passed by Congress last August, set aside billions for semiconductor chips production and more.

Investing in American Manufacturing - 2023

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