Report
Applied Materials plans to raise its BESI stake to about 20%
Bloomberg reports Applied Materials pledged closer work with BESI, citing BESI's growing role in energy-efficient AI computing.
TLDR
Reuters reports Applied Materials plans to raise its stake in Dutch chip-equipment maker BE Semiconductor Industries (BESI) from 9% to about 20%. Reuters describes their partnership as focused on advanced chip packaging used in AI applications. Bloomberg reports Applied Materials also pledged to step up its work with BESI, citing the company's growing role in energy-efficient AI computing.
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