{"id":957364,"date":"2026-05-03T20:03:07","date_gmt":"2026-05-04T00:03:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-broadens-advanced-packaging-portfolio-with-acquisition-of-nexx\/"},"modified":"2026-05-03T20:03:07","modified_gmt":"2026-05-04T00:03:07","slug":"applied-materials-broadens-advanced-packaging-portfolio-with-acquisition-of-nexx","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-broadens-advanced-packaging-portfolio-with-acquisition-of-nexx\/","title":{"rendered":"Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SANTA CLARA, Calif., May  03, 2026  (GLOBE NEWSWIRE) &#8212; Applied Materials, Inc. today announced it has entered into a definitive agreement with ASMPT Limited (HKEX: 0522) to acquire its NEXX business, a leading supplier of large-area advanced packaging deposition equipment for the semiconductor industry. The addition of the NEXX team and products will broaden Applied\u2019s portfolio of panel-level advanced packaging technologies which are designed to enable chipmakers and systems companies to build larger-body AI accelerators for higher energy-efficient performance.<\/p>\n<p>Increasing AI workloads demand larger chiplet-based designs that integrate greater numbers of GPUs, high-bandwidth memory (HBM) stacks and input-output (I\/O) chips in a single, advanced package. As AI chip packages scale to more complex architectures like 2.5D and 3D chiplet stacking, the demand for larger interposers and advanced substrates drives the transition from 300-millimeter silicon wafers to panel form factors as large as 510 by 515 millimeters or more, enabling designers to build larger AI chips and achieve substantially higher output.<\/p>\n<p>Applied is already a leading supplier of advanced packaging technologies and has been working to accelerate the transition to advanced panel substrates by developing a strong portfolio of manufacturing systems spanning digital lithography, physical vapor deposition (PVD), chemical vapor deposition (CVD) and etch along with eBeam metrology and inspection. The addition of NEXX\u2019s panel-level electrochemical deposition (ECD) technology will broaden Applied\u2019s portfolio and served addressable market, allowing Applied to develop co-optimized solutions for fine-pitch I\/O wiring and accelerate advanced packaging roadmaps for AI chipmakers and systems companies.<\/p>\n<p>\u201cHaving NEXX join Applied Materials complements our leadership in advanced packaging, particularly in panel processing \u2013 an area where we see tremendous opportunities for customer co-innovation and growth in the years ahead,\u201d said Dr. Prabu Raja, President of the Semiconductor Products Group at Applied Materials. \u201cWe look forward to welcoming NEXX\u2019s talented team to Applied and collaborating with our combined customer base on this exciting new chapter in advanced packaging technology.\u201d<\/p>\n<p>\u201cWe are excited for NEXX to be a part of Applied Materials because together, we can accelerate the computing industry\u2019s adoption of large-format advanced packaging technologies,\u201d said Jarek Pisera, President of ASMPT NEXX. \u201cNEXX\u2019s products are already strong, and we intend to build on our success as part of Applied Materials with a continued focus on innovation, quality and excellent customer service.\u201d<\/p>\n<p>The transaction is expected to close within the next several months and is subject to customary closing conditions. No regulatory approvals are required.<\/p>\n<p>Following the close of the transaction, the NEXX team will be incorporated into Applied\u2019s Semiconductor Products Group and will continue to be based in\u00a0Billerica, Massachusetts.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release contains forward-looking statements, including those regarding Applied\u2019s pending acquisition of ASMPT Limited\u2019s NEXX business, anticipated growth and trends in our businesses and markets, technology transitions, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the ability of the parties to consummate the pending acquisition in a timely manner or at all; Applied\u2019s ability to successfully integrate NEXX\u2019s operations, products, technology and employees; and other risks and uncertainties described in Applied\u2019s filings with the Securities and Exchange Commission, including Applied\u2019s most recent Forms 10-K, 10-Q and 8-K. All forward-looking statements are based on management\u2019s current estimates, projections and assumptions, and Applied assumes no obligation to update them.<\/p>\n<p>\n        <strong>About Applied Materials<\/strong><br \/>\n        <br \/>Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dM_BJhCI52aR0JZSRbvsRCJjO82pq28nxf-lqfg0chtKdnNNBdwESHKBUovFvCjKA7JNxvnoTgMJPxESyvHpjqk287V0Fkp-8UWQEY5oDEISHeVaIje-gHA58ElFUQfQ\" rel=\"nofollow\" target=\"_blank\">www.appliedmaterials.com<\/a>.<\/p>\n<p>\n        <strong>Contact:<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xnRYq8rPJBTbfCW7mYfBVPjzdJbgAxzKzHHJe6ZqhkUYxlyDSr1b9t8JWiN5HmyN8RIlC5OM4yGRK4_qt2q_kAsYgYCSsHwbq3lYt_cj7Qc=\" rel=\"nofollow\" target=\"_blank\">Ricky Gradwohl<\/a> (editorial\/media) 408.235.4676<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JZBrNOguXps7yXnMYS_MqDRUs6M2BQJBCgC-dkGxP1uC-RioKGyCbqE-zS0UJFfSyX9Akb6Lu0pk9oNPUk_-qPzTj6aeF2TA0NW0IGK1fDo=\" rel=\"nofollow\" target=\"_blank\">Mike Sullivan<\/a> (financial community) 408.986.7977<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcxMjA2NSM3NTc5MTI5IzIwMDcxNDQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MTZkY2JlZTItMWI4ZC00NTNlLThhMTgtMDNhOTUwMGNiMjZlLTEwMTg3MTctMjAyNi0wNS0wNC1lbg==\/tiny\/Applied-Materials-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SANTA CLARA, Calif., May 03, 2026 (GLOBE NEWSWIRE) &#8212; Applied Materials, Inc. today announced it has entered into a definitive agreement with ASMPT Limited (HKEX: 0522) to acquire its NEXX business, a leading supplier of large-area advanced packaging deposition equipment for the semiconductor industry. The addition of the NEXX team and products will broaden Applied\u2019s portfolio of panel-level advanced packaging technologies which are designed to enable chipmakers and systems companies to build larger-body AI accelerators for higher energy-efficient performance. Increasing AI workloads demand larger chiplet-based designs that integrate greater numbers of GPUs, high-bandwidth memory (HBM) stacks and input-output (I\/O) chips in a single, advanced package. As AI chip packages scale to more complex architectures like 2.5D and 3D chiplet stacking, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-broadens-advanced-packaging-portfolio-with-acquisition-of-nexx\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-957364","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/applied-materials-broadens-advanced-packaging-portfolio-with-acquisition-of-nexx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SANTA CLARA, Calif., May 03, 2026 (GLOBE NEWSWIRE) &#8212; Applied Materials, Inc. today announced it has entered into a definitive agreement with ASMPT Limited (HKEX: 0522) to acquire its NEXX business, a leading supplier of large-area advanced packaging deposition equipment for the semiconductor industry. The addition of the NEXX team and products will broaden Applied\u2019s portfolio of panel-level advanced packaging technologies which are designed to enable chipmakers and systems companies to build larger-body AI accelerators for higher energy-efficient performance. Increasing AI workloads demand larger chiplet-based designs that integrate greater numbers of GPUs, high-bandwidth memory (HBM) stacks and input-output (I\/O) chips in a single, advanced package. 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The addition of the NEXX team and products will broaden Applied\u2019s portfolio of panel-level advanced packaging technologies which are designed to enable chipmakers and systems companies to build larger-body AI accelerators for higher energy-efficient performance. Increasing AI workloads demand larger chiplet-based designs that integrate greater numbers of GPUs, high-bandwidth memory (HBM) stacks and input-output (I\/O) chips in a single, advanced package. 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