Urgent.News

What's breaking now, across thousands of outlets.

More in Tech

Dutch chip firm Besi's shares jump as Applied Materials moves to double stake

Shares in Dutch chip equipment maker Besi jumped on Tuesday after US rival Applied Materials announced plans to lift its holding to roughly 20% from 9%, tightening ties built around technology used to…

  • Besi shares jump 10% to over €160 after Applied Materials plans to raise stake to 20%.
  • Applied Materials to acquire additional shares pending US antitrust approval.
  • Collaboration began in 2020 on hybrid bonding technology for energy-efficient AI computing.

More from Tuesday 27 October →