US semiconductor equipment maker to double R&D workforce in the country

Applied Materials (NASDAQ:AMAT) plans to invest $5 billion in India over the next 10 years as the country seeks to expand its semiconductor industry beyond chip manufacturing into research, equipment development and supply chain operations. The US semiconductor equipment manufacturer will establish a 140-acre research park in India to strengthen its research and development capabilities and introduce new technologies, according to Prabu Raja, president of the company’s Semiconductor Products Gro

By Munsif Vengattil NEW DELHI, Sept 17 (Reuters) - Applied Materials will invest $5 billion in India over the next decade to expand its presence in the country, the US semiconductor equipment maker

India Business News: Applied Materials will invest $5B in India by 2035, proposing a 140-acre Bengaluru semiconductor research park, expanding suppliers, and doubling R&D staff.

At the close on September 16, 2026, Applied Materials stock finished around the mid-400 USD range on

Applied Materials (AMAT) has fallen about 21% from its August high, and the question is whether to buy it. Its own history says dips this size have usually been worth buying, and its valuation argues the other way. The history is specific, so start there.

Applied Materials stock dropped 7.1% to USD 424.21 on September 14, 2026 as investors reacted to cal

At the close on September 14, 2026, Applied Materials stock fell 6.64% to USD 426.20 on Nasdaq, movi

A number of stocks fell in the afternoon session after the chief executives of Anthropic, OpenAI, and SpaceX publicly united to call for a deliberate slowdown in the development of frontier AI models over escalating safety risks. According to CNBC, the sell-off was triggered by an essay published over the weekend by Anthropic CEO Dario Amodei, who urged a more cautious approach to frontier model advancement and called for independent safety monitoring. In a rare show of unity among competitors,