Applied Materials (AMAT) Stock: Plunges as Intel Collaboration Expands Next-Gen Chip Development

TLDR Applied Materials expands Intel chip work as AMAT falls 1.80% to $532.52 today. Intel and Applied target faster development of advanced chips and packaging. Foveros 3D stacking work aims to improve density, power, and thermal control. Applied’s EPIC Center will support faster testing and chip commercialization. The partnership deepens as chipmakers race to meet [...]

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