US manufacturing firm Applied Materials has unveiled plans to build what it says will be the world’s largest and most advanced facility for collaborative semiconductor process technology and manufacturing equipment research and development (R&D).
Described as a “landmark investment”, the multi-billion-dollar Equipment and Process Innovation and Commercialisation (EPIC) Centre will be located at an applied campus in Silicon Valley, California and feature a cleanroom for collaborative innovation with chipmakers, universities, and ecosystem partners.
To create the EPIC Centre, Applied Materials expects to make gross, incremental capital investments of up to $4bn over the next seven years. The innovation centre is expected to be completed by early 2026 and become the nexus of more than $25bn in company R&D investments in the first 10 years of operations.
It is hoped the EPIC Centre will accelerate development and commercialisation of foundational technologies required by the global semiconductor and computing industries.
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