Applied Materials did not immediately respond to a Reuters request for comment. President Joe Biden had signed the bill in August 2022 amid a global shortage of chips, in a bid to bolster U.S. competitiveness with China in science and technology. Applied Materials, a strong candidate for a research award from the program, announced its plans for the California research center in May 2023 to speed up advances in semiconductor manufacturing.
Applied Materials did not immediately respond to a Reuters request for comment. President Joe Biden had signed the bill in August 2022 amid a global shortage of chips, in a bid to bolster U.S. competitiveness with China in science and technology. Applied Materials, a strong candidate for a research award from the program, announced its plans for the California research center in May 2023 to speed up advances in semiconductor manufacturing.