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Applied Materials Boosts BE Semiconductor Stake to About 20%

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Applied Materials Inc. boosted its stake in fellow chip-equipment maker BE Semiconductor Industries NV and vowed to step up their work together, citing the European company’s growing role in energy-efficient AI computing.

Applied Materials Inc. boosted its stake in fellow chip-equipment maker BE Semiconductor Industries NV and vowed to step up their work together, citing the European company’s growing role in energy-efficient AI computing.
Applied Materials Boosts BE Semiconductor Stake (ORG) Applied Materials Inc. (ORG) Semiconductor Industries NV (ORG) European (ORG) AI (ORG)
Originally published by Bloomberg Technology Read original →