Applied Materials opens $5 billion EPIC Center to speed up AI-era chip development

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Applied Materials inaugurated its EPIC Center in Sunnyvale, California on October 12, 2026, marking a $5 billion investment. The 600,000-square-foot facility, featuring nearly four acres of cleanroom space, aims to cut semiconductor development cycles by at least 30 percent. Founding partners include TSMC, Intel, SK hynix, Micron and Samsung Electronics, along with Broadcom as an innovation partner and academic institutions Stanford and UC Berkeley. The center focuses on technologies three to four generations ahead of current production. This initiative responds to surging demand for high-performance chips required by AI workloads.

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