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Applied Materials unveils $5B research facility in Silicon Valley in bid to streamline AI chipmaking

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Applied Materials unveiled a massive $5 billion research facility in Silicon Valley on Monday – a key part of CEO Gary Dickerson’s plan to speed up development of the cutting-edge computer chips driving the artificial intelligence boom. The Santa Clara-based firm – a key supplier of equipment and software that tech giants like TSMC, Intel and Samsung use to build chips – is aiming to achieve faster breakthroughs by having scientists, engineers and researchers from companies and universities around the world collaborate under one roof. Advanced AI models are progressing at a rapid clip, making it essential for industry leaders to improve a process that currently can take more than a decade from lab breakthrough to full-fledged production, Applied Materials CEO Gary Dickerson said in an interview with The Post 3 Applied Materials unveils a $5 billion research facility in Silicon Valley in a bid to streamline AI chipmaking.

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