Applied Materials, Inc. (AMAT) and Intel Corporation (INTC) have entered into a partnership agreement focused on the development of advanced chipmaking innovations. The collaboration will address key areas in semiconductor manufacturing, specifically targeting advancements in transistors, interconnects, and packaging technologies.
Under the terms of the agreement, the two companies will work together to develop and implement new technologies designed to enhance the performance and capabilities of future semiconductor devices. The partnership aims to leverage the combined expertise of both firms to drive progress in the semiconductor industry.
The news was reported by Benzinga on October 6, 2026.