Applied Materials to raise BESI stake to 20 percent

Applied Materials plans to increase its stake in BE Semiconductor Industries to about twenty percent from nine percent. The expanded partnership aims to advance chip-packaging technologies for artificial intelligence applications.

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FILE PHOTO: A logo of Applied Materials at its kiosk during the Semicon India 2026, an annual semiconductor conference, in New Delhi, India, September 17, 2026. REUTERS/Bhawika Chhabra/File Photo

APPLIED MATERIALS INC plans to raise its stake in BE Semiconductor Industries to about 20% from 9%, deepening a partnership focused on advanced chip-packaging technologies. The transaction is subject to antitrust review in the United States.

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