Broadcom Joins Applied Materials' EPIC Platform
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Source: seekingalpha
- Partnership Announcement: Broadcom (AVGO) will join Applied Materials' (AMAT) EPIC platform as an innovation partner, aiming to accelerate the development of advanced chip packaging technologies for next-generation AI systems by leveraging R&D resources across global innovation centers.
- R&D Focus: This collaboration will enable Broadcom to tap into research efforts at Applied Materials' new EPIC Center in Silicon Valley, advancing chip packaging technologies that enhance inter-chip connectivity, thereby improving overall computing system performance to meet rising AI demands.
- Market Reaction: Following the announcement, Applied Materials' shares rose by 2% in premarket trading, while Broadcom's stock gained 1.8%, indicating a positive market response amid a broader rally in the semiconductor sector, reflecting investor optimism about future growth prospects.
- Industry Context: As Samsung's strike risk threatens chip supply, companies like Micron, Nvidia, and AMD have also seen stock price increases, indicating a wave of positive market sentiment across the semiconductor industry, further driving demand for advanced packaging technologies.
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Analyst Views on AMAT
Wall Street analysts forecast AMAT stock price to fall
22 Analyst Rating
18 Buy
4 Hold
0 Sell
Strong Buy
Current: 449.680
Low
190.00
Averages
288.05
High
425.00
Current: 449.680
Low
190.00
Averages
288.05
High
425.00
About AMAT
Applied Materials, Inc. is a materials engineering solution company. The Company provides equipment, services and software to the semiconductor, display, and related industries. It operates through two segments: Semiconductor Systems and Applied Global Services (AGS). The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment provides integrated solutions to optimize equipment and fab performance and productivity, including services, spares and factory automation software for semiconductor and other products. Its products include personal computing devices, mobile phones, artificial intelligence (AI) and data center servers, automobiles, connected devices, industrial applications and consumer electronics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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