TechnologyPublished Nov 1, 2026, 4:07 AM

Applied Materials commits $5 billion to expand its India semiconductor footprint

The planned decade-long investment focuses on research, supply chains and workforce expansion in India.

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The planned decade-long investment focuses on research, supply chains and workforce expansion in India.

Applied Materials announced plans to invest $5 billion in India over the next decade as the country expands its semiconductor ecosystem. Reuters reported that the plan covers research, supply-chain development and workforce growth, and was announced during SEMICON India. The investment arrives as governments and chip companies diversify manufacturing and respond to strong demand linked to artificial intelligence.

Source: Reuters · September 17, 2026

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