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Applied Materials Raises Stake in Dutch Chip Firm BE Semiconductor to About 20%

US chip-equipment maker Applied Materials announced it will increase its holding in Dutch rival BE Semiconductor Industries (Besi) from about 9% to roughly 20%, deepening their collaboration on AI hardware technology, and Besi's shares rose after the news.

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Oct 27, 5:36 AM euronews.com Dutch chip firm Besi's shares jump as Applied Materials moves to double stake
Oct 26, 2:11 PM bloomberg.com Applied Materials Boosts BE Semiconductor Stake to About 20%