Applied Materials, Inc. (AMAT) Partners with Broadcom on Advanced Chip Packaging Technologies for AI Systems

Applied Materials Inc. (NASDAQ:AMAT) is one of the most buzzing AI semiconductor stocks to buy in 2026. On May 20, Applied Materials Inc. (NASDAQ:AMAT) announced it is teaming up with Broadcom to enhance the development of advanced chip packaging technologies for AI systems.

Broadcom is to join the Applied Materials EPIC platform. In return, the two are to focus on the research and development needed to accelerate the introduction of packaging technologies for next-generation AI chips. They will also leverage Applied Materials’ global network of innovation centers to drive co-innovation across the ecosystem.

Ultimately, Applied Materials and Broadcom will provide system designers early access to materials and process equipment innovations. The collaboration comes amid robust adoption of advanced packaging techniques needed to boost the energy-efficient…