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Applied Materials to invest $5 billion in India

Applied Materials plans to invest $5 billion in India over the next decade as part of its “India Vision 2035,” to expand its footprint and support the country’s push to build its chip industry.

AMAT

S. semiconductor-equipment maker Applied Materials plans to invest $5 billion in India over the next decade to expand its presence in a country that has been seeking more investment to build out its chip industry. The investment is part of the company’s "India Vision 2035" and is intended to integrate…