Applied Materials officially opened a new $500 million manufacturing and research campus in Tampines, Singapore, on June 10, 2026 [1, 2]. The expansion more than doubles the company's advanced cleanroom capacity in Singapore, its largest operation outside the US [1, 2].
The investment aims to meet surging AI-driven demand for semiconductor manufacturing equipment. "The computing demand being driven by AI is increasing a significant amount," said Gary Dickerson, president and CEO of Applied Materials. He added the company has been in Singapore for 35 years, growing manufacturing capabilities and generating a large portion of revenue there [1].
Applied Materials has operated in Singapore since 1991, initially in sales and service before expanding to manufacturing and logistics from 2010 [1, 2]. The company employs about 4,000 people across Southeast Asia, and Asia accounts for more than 80% of its revenue, primarily from Taiwan, South Korea, China and Japan [1, 2].
Applied Materials reported revenue of $7.91 billion for the quarter ended April 26, 2026, marking an 11% year-on-year increase [1, 2]. Deputy Prime Minister Gan Kim Yong said the investment "is a strong affirmation of (Applied Materials') confidence in Singapore as a trusted partner to grow its business, serve global customers and build capabilities for the future" [1].
The new campus will bolster Singapore's role as a trusted and innovative semiconductor hub, supporting fast-growing industry sectors [1]. The facility is designed to support continued growth in demand, with Applied Materials signaling further investments to match the rising AI-driven computing needs [1].