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Semiconductor equipment stocks rise, Applied Materials surges nearly 10% to record high.

MarsBitNews
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Mars Finance News: On Monday, US semiconductor equipment stocks rose. Applied Materials (AMAT.US) surged nearly 10%, hitting a record high; its gain for the month is already over 50%. KLA (KLAC.US) rose more than 7%, and Lam Research (LRCX.US) gained nearly 6%. On the news front, the South Korean government announced on Monday the country’s largest-ever investment plan for the semiconductor and artificial intelligence industries. South Korean President Lee Jae-myung presided over the launch of the “three mega-projects” and announced that the government will invest approximately 800 trillion won in the southwestern region to build four chip factories—two built by Samsung Electronics and each of the other contractors. The goal is to double DRAM production capacity within five years. With such massive capital expenditure, the first step is inevitably to purchase equipment to set up production lines. Whether it is “front-end equipment” for manufacturing wafers or “back-end equipment” that is crucial to AI chip performance, the world’s top equipment suppliers will directly benefit from this capacity-expansion wave. (Cailian Press)
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