Applied Materials Unveils $5 Billion EPIC Center for AI Chip Research
Photo: TokenPost
Applied Materials unveiled its $5 billion EPIC Center in Sunnyvale, California, on Oct. 12, creating a semiconductor research facility aimed at accelerating artificial intelligence chip development. The 600,000-square-foot center will bring chipmakers, equipment suppliers and university researchers together to speed work on semiconductor technologies. The facility is designed to move research toward commercialization as AI systems require greater memory density, capacity and performance. Applied Materials announced EPIC in May 2023 with plans to invest up to $4 billion over seven years. The company later raised its expected investment to about $5 billion as customer projects got underway.
Source: TokenPost
