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Applied Materials announced it will bolster the semiconductor manufacturing supply chain in the U.S. with plans to invest more than $200 million in Arizona to create a new advanced manufacturing facility in Chandler, which will produce semiconductor equipment components and parts. The facility could support the creation of potentially 200 additional manufacturing, R&D and services jobs in the semiconductor field over a five-year period.

“For nearly 60 years, Applied Materials has been driving transformative innovation in chip manufacturing and ensuring the building blocks of technology are produced in the United States,” said Gary Dickerson, President and CEO of Applied Materials. “Strengthening America’s semiconductor leadership has never been more important than in today’s AI era, and we are honored to work alongside industry leaders to strengthen the U.S. chip supply chain.”