Applied Materials (NASDAQ:AMAT) announced on Tuesday that it will partner with GlobalFoundries (NASDAQ:GFS) to build a state-of-the-art waveguide fabrication facility at GlobalFoundries’ Singapore site, to accelerate the photonics revolution driven by artificial intelligence. The collaboration represents a milestone in positioning photonics as a cornerstone for next-generation AI applications, such as augmented reality (AR) and human-centered digital experiences. Applied Materials will design and develop ...

Core Insights - Applied Materials, Inc. has announced a strategic collaboration with GlobalFoundries to establish a waveguide fabrication facility in Singapore, aimed at accelerating the development of photonics technology driven by AI [1][2]. Company Overview - Applied Materials is a leader in materials engineering solutions essential for semiconductor and advanced display technologies, playing a crucial role in advancing AI and the commercialization of next-generation chips [4]. Industry Context - The collaboration signifies a pivotal moment in the evolution of photonics as a foundational technology for next-generation AI applications, including augmented reality and human-centric digital experiences that demand high-performance optical systems [2][3]. - The partnership aims to leverage the existing photonics ecosystem in Singapore, which includes materials, sensors, integration, assembly, testing, and applications, to foster innovation in photonics technology [3].