Broadcom, Applied Materials, GlobalFoundries, Meta and Synopsys are partnering with the UCLA Samueli School of Engineering to establish a $125 million Semiconductor Hub aimed at accelerating research and workforce development in artificial intelligence-powered chip technologies.

To mark the occasion, UCLA Samueli today hosted an event attended by leaders from the founding member companies; three-time UCLA engineering alumnus and the school’s namesake Henry Samueli, who chairs the board of Broadcom; UCLA Chancellor Julio Frenk; former California Governor Gray Davis; members of the media; and about 250 industry executives, UCLA engineering faculty and Ph.D. students. The half-day program, held in Mong Auditorium in Engineering VI and livestreamed for registered remote participants, also featured a video message from U.S. Sen. Alex Padilla, an executive panel and faculty presentations.

“UCLA is uniquely positioned to bring together expertise across disciplines to push the frontiers of semiconductor innovation and translate that knowledge into scalable solutions,” said UCLA Chancellor Julio Frenk. “The Semiconductor Hub at the UCLA Samueli School of Engineering reflects our commitment to forging partnerships with industry in a field critical to economic vitality and national security.”