
US Chip Toolmaker Lam Research to Invest Over $1 Billion in India’s Semiconductor Growth
- Chinmay
- February 12, 2025
- News, Semiconductor Industry
- AI chips, chip manufacturing, Digital Transformation, electronics, global chip industry, India semiconductor, India Tech, IT Hardware, Karnataka investment, Lam Research, semiconductor ecosystem, semiconductors, wafer processing
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Lam Research, a leading US-based chip toolmaker, has announced plans to invest over ₹100 billion ($1.2 billion) in Karnataka, India, reinforcing the nation’s ambitious semiconductor expansion strategy. The investment, formalized through a Memorandum of Understanding (MoU) with the Karnataka Industrial Area Development Board (KIADB), marks a significant step in India’s efforts to establish itself as a global semiconductor manufacturing hub. …
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