By TradingView
Publication Date: 2026-05-22 10:29:00
Meta (META, Financials) and Broadcom are joining other chip industry players to launch a $125 million semiconductor research hub at UCLA.
The project will be based at the UCLA Samueli School of Engineering and is backed by an initial five-year commitment. Applied Materials, GlobalFoundries and Synopsys are also part of the partnership.
The goal is to bring together companies from different parts of the chip industry to work on next-generation semiconductor technology, including chips built for artificial intelligence.
For Meta, the effort fits with its push to build more AI infrastructure and reduce long-term dependence on outside hardware. For Broadcom and the other partners, it offers a way to support research and talent development at a time when demand for advanced chips keeps rising.
The hub also shows how AI is pulling universities, chipmakers and tech companies closer together.
