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Applied Materials provides equipment, software, and services for materials engineering used in semiconductor and display manufacturing. Their systems modify materials at atomic scale to enable etching, deposition, inspection, and process control across chip and display fabrication. It differentiates itself by offering end-to-end hardware, software, and services that support customers from process development to high-volume production in both markets, backed by long-standing relationships with major tech firms. Its goal is to help customers turn scientific possibilities into mass-produced, advanced electronic devices.
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Santa Clara, California
Founded
1967
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Vaishnaw warns of cyberattacks, disruptions as India builds semiconductor ecosystem. India's semiconductor push is attracting billions in investment, but Ashwini Vaishnaw has urged chipmakers and deeptech startups to prepare for cyberattacks and disruptions. Read Time: 3 mins Vaishnaw cautions India's semiconductor industry against cyberattacks and other geopolitical threats. Photo Source: PTI IT Minister Ashwini Vaishnaw on Saturday said he has cautioned the semiconductor industry and deeptech startups to be vigilant against potential cyberattacks and other disruptions coming from those who may seek to block India's emergence as a competitive player in the high-stakes global value chain. In an interview with PTI, Vaishnaw called for continued vigilance against potential geopolitical risks as India builds its capabilities to design and manufacture chips. "We have to continuously be watchful of the potential geopolitical risks which will arise because India is now emerging as a country which can design and manufacture chips. Obviously, that will be seen as a threat by many other established players," Vaishnaw said. The minister said he has had a candid discussion with the industry on the issue, and "they are cognizant, and they would certainly take the right measures". While many countries now view India as a trusted partner and are looking to develop and manufacture products here, Vaishnaw said the country cannot afford to be complacent about its growing position in the global semiconductor value chain. "We should not take it lightly...we should be cognizant of the risks and the challenges which will come from other players. So, I have very candidly told the entire industry that be prepared for cyber attacks, be prepared for any other kinds of threats and any other kinds of disruptions that might get created by the countries who don't like India to come up in the semiconductor value chain," he said. The minister said the industry has taken note of his words of advice and "would certainly take the right measures". Vaishnaw's comments assume significance as India has stepped up efforts to build a full-stack semiconductor ecosystem, backed by government incentives for chip fabrication, packaging and testing, design, and talent development. The push has attracted investments from global and Indian companies, with multiple semiconductor units now under development or production, as New Delhi seeks to strengthen domestic manufacturing and position India as a key player in electronics and semiconductor supply chains. Under the Rs 1,27,500-crore Semicon 2.0 policy push, India is deploying heavy capital incentives, flexing its engineering capabilities, and consumer market strength to create an end-to-end semiconductor value chain, from chip design to fabrication and testing to talent development. According to the government, about USD 11-12 billion of semiconductor investment interest has emerged under Semicon 2.0, with projects expected to materialise over the next two to three years. The interest was reflected at the SEMICON India event - a mega showcase of the nation's chip-making prowess - that saw a slew of big-ticket announcements, including Applied Materials' USD 5 billion India plan through 2035, Lam Research's proposed Rs 10,000-crore investment, Tata Electronics' 363-acre vendor park at Dholera and Fujifilm's Rs 800-crore semiconductor materials plant. (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.) Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories - On NDTV Profit.
SEMICON India 2026 wraps up with ₹1 lakh crore investment interest and chips in production. BRIEF: Earlier editions of this summit were about policy papers and foundation stones. This year, Prime Minister Narendra Modi virtually inaugurated a live chip plant, ASML confirmed an Indian legal entity and ₹1 lakh crore in fresh investment interest landed on the table. SEMICON India 2026 drew 600+ companies as India moved from semiconductor policy to commercial chip production and factory expansion. NEW DELHI: SEMICON India 2026 concluded its three-day run at the Yashobhoomi Convention Centre in Dwarka on September 19, 2026, drawing more than 600 companies, delegations from 52 countries, and roughly 50,000 visitors under the theme "Silicon to Systems: Building the Ecosystem." Organised jointly by the India Semiconductor Mission, the Ministry of Electronics and Information Technology, and global industry body SEMI, the summit's fifth edition marked a deliberate pivot from policy announcements toward commercial execution, a shift Prime Minister Narendra Modi himself acknowledged when he noted that earlier editions had focused on files and foundation stones, while this one centred on chips actually reaching customers. Day one set the financial tone. Union IT Minister Ashwini Vaishnaw opened proceedings by disclosing that India had secured approximately ₹1 lakh crore, or $11 billion to $12 billion, in investment interest under the newly approved Semicon 2.0 policy, spanning equipment manufacturing, specialty chemicals, packaging units and wafer fabrication over a two to three year horizon. Vaishnaw was careful to note that individual corporate names would be disclosed in stages as company boards formalise approvals, an important caveat given that this figure represents interest rather than binding capital commitments. Equipment maker Applied Materials backed that momentum with a $5 billion, ten-year pledge under its "India Vision 2035" roadmap, covering a research park and a tenfold expansion of local supply chain capacity, while Lam Research signalled a $1.1 billion outlay for its first Indian component plant. Domestic champion Tata Electronics led corporate engagement with 16 supply-chain MoUs spanning European, Japanese, Malaysian and Singaporean partners, aimed at building vendor networks for its Dholera wafer fab and Jagiroad packaging facility. Modi, addressing the summit on his 76th birthday, tied these announcements to broader macroeconomic signals, citing 7.8% first-quarter GDP growth and Japan's Rating and Investment Information agency upgrading India's sovereign credit rating for the first time in nearly 35 years. Day two moved from policy to factory floor. The second day shifted attention squarely to manufacturing execution. Modi virtually inaugurated commercial production at Suchi Semicon's ₹868-crore OSAT facility in Surat, a plant with annual capacity for over 1,033 million chips supporting advanced packaging formats. CDIL Semiconductor simultaneously declared commercial production at its Mohali facility, while L&T Semiconductor Technologies unveiled 40 indigenous products, including India's first fully domestically designed 1200V silicon carbide power platform for EV chargers and microgrids. ASML's Wayne Allan confirmed the company had established a legal entity in India and was setting up local customer support, framing sustained government commitment as the clearest signal multinational equipment makers had received to date. Day three confronted the talent gap. The final day turned to workforce scaling, arguably the summit's least glamorous but most consequential theme. MeitY Secretary S Krishnan pointed out that while India already supplies nearly 20% of the world's fabless chip design workforce, it has historically lacked cleanroom-trained production technicians, prompting a government plan to train 100,000 such workers over five years in partnership with Taiwan's Industrial Technology Research Institute. Vaishnaw separately noted that 85,000 chip design engineers had already been trained against a ten-year target, while Tata Electronics confirmed 300 Indian graduates were currently training at Powerchip Semiconductor's Taiwan facilities ahead of staffing Dholera. SEMI India's Ashok Chandak offered perhaps the summit's most useful framing device, describing India's progress through four stages: Credibility, established by five back-end plants now shipping real chips; Capability, the current phase of expanding packaging and fab capacity; and the Commitment and Continuity still required to sustain the momentum. Foreign Secretary Vikram Misri added a geopolitical dimension, arguing that genuine self-reliance does not require full vertical integration, but rather sovereign strength in high-leverage nodes like fabless design and advanced packaging. Semicon 2.0 is a different animal from phase one. The scheme underpinning much of this activity has evolved substantially. Semicon 1.0, launched in December 2021 with a ₹76,000 crore outlay, fully committed its budget within three years and helped bring five back-end facilities into commercial production. Semicon 2.0 nearly doubles that outlay to ₹1,27,500 crore, restructures capital subsidies for front-end fabs down to 25% to 40% from a uniform 50%, and redirects the freed funds toward localising equipment, specialty gases and chemicals, sectors where India currently imports over 90% of tools and 85% to 90% of process chemicals. What remains genuinely unresolved. Several structural gaps persist beneath the summit's optimism. The headline ₹1 lakh crore figure remains non-binding investment interest, not board-approved capital, and its conversion into ground-broken facilities depends heavily on state-level infrastructure delivery. India's flagship front-end fab, the Tata-PSMC Dholera facility, is not expected to produce commercial wafers until roughly 2028, leaving domestic packaging plants dependent on imported silicon in the interim. On the startup front, only 20 of the 105 chip design companies supported under Semicon 1.0 managed to raise meaningful venture capital, raising real questions about whether the expanded 200-startup target under Semicon 2.0 can attract sufficient private funding rather than relying primarily on government incentives. What to watch next. Over the coming 6 to 18 months, the clearest signals of progress will come from tracking how much of the ₹1 lakh crore in interest converts into formal Cabinet approvals and land allotments, whether Fujifilm's planned chemical plant near Dholera and Applied Materials' research park actually break ground, and whether the ChipIN programme can onboard meaningfully more design startups with successful tape-outs. Export volumes of packaged chips from Micron, CG Semi, Suchi and CDIL will offer perhaps the most concrete test of whether SEMICON India 2026's declared shift from files to factories holds up under scrutiny.
Applied Materials and Broadcom, both artificial intelligence-focused companies, show contrasting revenue trajectories. Applied Materials develops specialised manufacturing equipment and software for integrated circuit producers, reporting a 34% operating margin for the quarter ended 26 July 2026. Broadcom designs semiconductor networking components and infrastructure software for technology enterprises and telecommunications providers, achieving a 54% operating margin for the quarter ended 2 August 2026. Broadcom demonstrated stronger sales growth, with revenue rising consistently from $14.1 billion in Q3 2024 to $29.6 billion in Q2 2026. Applied Materials showed more volatile performance, fluctuating between $6.8 billion and $9.1 billion across the same period. Broadcom faces challenges including workforce reductions and a legal request from European cloud providers regarding its VMware Cloud Service Provider programme termination.
Applied Materials and Lam Research are key players in the wafer fabrication equipment market, both benefiting from AI-driven semiconductor demand. Applied Materials serves a broader portfolio including logic, DRAM, HBM, NAND, and advanced packaging, whilst Lam Research focuses on foundry, DRAM, NAND, and NVM with concentration on etching and deposition. Applied Materials expects leading-edge foundry-logic, DRAM, and advanced packaging to represent around 80% of WFE growth in 2026-2027. Third-quarter fiscal 2026 Semiconductor Systems revenues rose 27% year over year, with fourth-quarter guidance at $7.9 billion, up 62% year over year. DRAM revenues increased 52% year over year to record levels in Q3. Advanced packaging revenues are expected to grow more than 70% in 2026. Applied Global Services reached record revenues of $1.78 billion, up 22% year over year.
Applied Materials will invest $5 billion in India over the next decade, the US semiconductor equipment maker announced at SEMICON India, the country's flagship chip conference in New Delhi. The three-day event has drawn over 600 companies and representatives from 52 countries. Prime Minister Narendra Modi positioned India as a "trusted partner" for companies seeking to diversify from Taiwan and China amid global chip supply tensions. India's semiconductor consumption is projected to reach $110 billion by 2030, up from $45 billion to $50 billion in 2025. The country has committed over $21 billion across two semiconductor incentive programmes, approving twelve projects in the past five years. Three chip-packaging plants, including one by Micron Technology, have begun commercial production. However, India has yet to produce chips from a large-scale fabrication plant.