1,000 new jobs coming to Singapore as semiconductor equipment maker Applied Materials’ operation expands amid rising AI chip demand (opens original article in a new tab)

Applied Materials, a US semiconductor equipment company, is investing S$600 million in a new facility in Singapore, creating 1,000 new jobs and high-value internships due to increased demand for AI chips.

• Applied Materials is investing S$600 million in a new facility in Singapore.
• The expansion will create 1,000 new jobs and high-value internships.
• The growth is driven by rising demand for AI chips.