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Applied Materials Increases Its Stake in Besi to Approximately 20%, Deepening AI Chip Equipment Cooperation

BlockBeats reports that October 27, according to Bloomberg, U.S. semiconductor equipment company Applied Materials has increased its stake in its Dutch peer BE Semiconductor Industries (Besi) to approximately 20%. Last year, Applied Materials April made its initial investment in Besi, acquiring approximately 9%. The increased stake shows that Applied Materials is further deepening its business ties with Besi; however, the company said it currently has no plans to increase its stake further or seek a seat on Besi’s board.

The two companies have had a 6-year partnership. Besi recently joined Applied Materials’ Silicon Valley-based EPIC chip equipment research and development center, and the two sides plan to strengthen cooperation on AI computing-related products and technologies. As AI demand for computing power grows, manufacturing technologies that improve chip performance and energy efficiency are attracting attention.

Besi specializes in chip packaging and hybrid bonding technologies, which can be used to improve chip performance. Applied Materials described the investment as a long-term investment and said it had no intention of acquiring Besi. The report also noted that Besi recently responded to market concerns that ASML might enter the hybrid bonding field and consequently compete with it.

Original link https://m.theblockbeats.info/flash/373892