Applied Materials Invests $500 Million in New Tampines Campus to Boost Global Manufacturing and R&D

Semiconductor equipment supplier Applied Materials disclosed a major investment. The company is building a new campus in Tampines, Singapore. The project carries a price tag of about US$500 million. The site will host expanded manufacturing facilities. It will also house dedicated research and development operations. The expansion strengthens Applied Materials’ global footprint. Singapore’s technology ecosystem is expected to benefit. The move aligns with the firm’s broader growth strategy.