Applied Materials Inc. (NASDAQ:AMAT) is one of the unstoppable AI stocks to buy now.
On May 3, Applied Materials entered into a definitive agreement to acquire the NEXX business from ASMPT Limited to expand its portfolio of panel-level advanced packaging technologies
NEXX is a leading supplier of large-area deposition equipment, which is critical for building the high-performance AI accelerators required for modern workloads. By integrating NEXX’s electrochemical deposition/ECD technology, Applied Materials aims to accelerate the industry’s transition from 300mm silicon wafers to larger panel form factors. The acquisition addresses the growing demand for larger chiplet-based designs that integrate multiple GPUs and high-bandwidth memory stacks.
As AI architectures become more complex, shifting to larger substrates allows for substantially higher output and more energy-efficient performance. Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab.