Semiconductor manufacturing company Applied Materials will invest up to $4 billion in new research and a new facility in California for chipmaking, the White House announced Monday. Applied Materials will establish the EPIC Center for development with the goal to design the next generation of tools for semiconductor manufacturing, including in collaboration with leading chipmakers who will ultimately use those tools in their factories, according to senior administration officials. Vice President Harris is set to visit Applied Materials in Sunnyvale, Calif., on Monday for the announcement and will deliver remarks. She also will meet with executives from major semiconductor manufactur
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