Applied Materials plans to raise its holding in BE Semiconductor Industries to about 20% from 9%, deepening cooperation on advanced packaging for AI chips.
The additional shares will be bought through an accelerated purchase agreement, subject to US antitrust review. Applied Materials said it does not plan to exceed about 20% or seek a board seat.
The companies have worked together since 2020 on hybrid bonding, a technique that links chip components more densely for high-performance systems.
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