Intel Deepens Partnership with Applied Materials at $5B Chip Research Lab, Joining TSMC

Intel is expanding its collaboration with Applied Materials at the latter's EPIC Center in Silicon Valley, a significant research hub focused on next-generation transistors, interconnects, and advanced packaging technologies. This move deepens a partnership that already includes TSMC, Intel's primary foundry competitor, as a founding partner of the $5 billion facility. The announcement was made on October 6, 2026.