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Applied Materials invests $500M to expand Singapore facility for AI chip production amid rising demand.

Market News
10 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Applied Materials has expanded its manufacturing and R&D operations in Singapore with a new $500 million Tampines Campus to support growing global demand for AI chips. The facility doubles the company's cleanroom capacity in Singapore and integrates advanced automation and AI technologies for efficient semiconductor equipment production. This expansion is part of Applied Materials' 2030 plan and will create around 1,000 local jobs, reinforcing Singapore's role as a key semiconductor hub. The campus also emphasizes sustainability, aiming for Singapore’s highest green building certification, and complements Applied’s global manufacturing footprint and R&D investments, including a $5 billion EPIC Center in Silicon Valley.

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