TechnologyTop US chip tool maker plans to double global capacity amid AI boomTop U.S. chip tool maker Applied Materials is expanding sharply in Singapore to meet global AI-driven demand. (Source photos by Cheng Ting-Fang and Applied Materials)CHENG TING-FANGJune 10, 2026 16:53 JSTSINGAPORE -- Top U.S. chip equipment maker Applied Materials has opened a $500 million manufacturing campus in Singapore, the linchpin in the company's plan to nearly double its global production capacity to meet surging demand from the AI-driven chip boom.