• US Vice President Kamala Harris meets with top leaders in the semiconductor R&D ecosystem to address key challenges for growth and advancement in the global chip industry
  
• The summit coincides with the opening of Applied’s new EPIC Center in Silicon Valley
  

SUNNYVALE, Calif., May 22, 2023 (GLOBE NEWSWIRE) — Applied Materials, Inc. today hosted the Summit to Advance Semiconductor Leadership – an event focused on exploring solutions to address key challenges facing the semiconductor industry in its Way to face 1 dollar company is trillion market in next decade. The summit also took place at the future location of Applied’s new multi-billion dollar Equipment and Process Innovation and Collaboration (EPIC) Center in Silicon Valley announced today.

US Vice President Kamala Harris attended the summit along with other senior government officials, along with global industry leaders from semiconductor design, manufacturing and equipment companies, as well as academic leaders from leading engineering universities. A list of participating organizations can be found below.

Discussions throughout the day focused on three key issues:

• Economic sustainability: Government funding and incentives are a catalyst to accelerate investment in new manufacturing capacity and research and development (R&D). Participants discussed the key factors that can ensure these investments are sustainable and durable across multiple technology generations, and how industry and government can work together to maximize positive long-term impacts.
• National security: Advanced semiconductors are the basic building blocks of modern society and provide the basis for new technologies that can solve the world’s most pressing challenges. The summit explored how industry and government can work together in new ways to advance technologies that improve living standards around the world while protecting national security.
• talent development: The semiconductor industry has a rich history of innovation and overcoming…