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Applied Materials Announces a Strategic Investment in BE Semiconductor Industries
Last applied materials, inc. earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations: appliedmaterials.com/company/investor-relations
SANTA CLARA, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced it has purchased 9 percent of the outstanding shares of the common stock of BE Semiconductor Industries N.V. (Besi), a leading manufacturer of assembly equipment for the semiconductor industry. Applied and Besi have been successfully collaborating since 2020, and recently extended their agreement, to co-develop the industry’s first fully integrated equipment solution for die-based hybrid bonding. Hybrid bonding is becoming a critical technology for advanced packaging of semiconductors as designers and manufacturers race to develop more energy-efficient chips. Hybrid bonding connects chips using direct copper-to-copper bonds, which increases density and shortens the lengths of interconnect wiring between chiplets, resulting in improved overall performance, power consumption and cost. “We view this as a strategic, long-term investment that demonstrates Applied Materials’ commitment to co-
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- Applied Materials (NASDAQ:AMAT) had its "buy" rating reaffirmed by analysts at B. Riley.[MarketBeat]
- Applied Materials (NASDAQ:AMAT) had its price target raised by analysts at Mizuho from $205.00 to $245.00. They now have a "neutral" rating on the stock.[MarketBeat]
- Applied Materials (NASDAQ:AMAT) had its "overweight" rating reaffirmed by analysts at Cantor Fitzgerald.[MarketBeat]
- Applied Materials (NASDAQ:AMAT) had its "overweight" rating reaffirmed by analysts at Wells Fargo & Company.[MarketBeat]
- Applied Materials (NASDAQ:AMAT) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..[MarketBeat]
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