Applied Materials Unveils $5 Billion Semiconductor R&D Center in Silicon Valley

Applied Materials has launched a 600,000-square-foot Equipment and Process Innovation and Commercialization (EPIC) Center in Silicon Valley, a $5 billion investment aimed at accelerating semiconductor equipment and process research. The center will foster collaboration among chipmakers, equipment manufacturers, and university researchers, including founding partners like TSMC, Intel, Samsung, Micron, and SK hynix, to reduce the time from research breakthroughs to high-volume chip manufacturing, driven by increasing AI demand.