US Chipmaker KLA to Invest $ 430 Million in Tamil Nadu
KLA, a semiconductor company based in the US, entered into a memorandum of understanding with the Tamil Nadu government to invest $400 million (approximately Rs.3,600 crore) for establishing a global research, development, and innovation campus in Chennai, according to the state's industries minister.
The planned 12-acre site is anticipated to generate up to 4,000 high-skilled positions and will concentrate on cutting-edge research in high-performance computing, process control engineering software, and AI-driven semiconductor advancements.
“KLA, one of the BIG 3 in semiconductor design and R&D, has today entered into a MoU with Guidance Tamil Nadu to invest $400 million (approximately Rs. “3,600 crore) to set up its international R&D and Innovation Campus in Chennai,” Dr T R B Rajaa mentioned in a post on X.
He added that the 12-acre campus is intended to serve as KLA's global center for R&D and innovation, with the potential to expand to 1.5 million square feet in the future.
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It will enhance cutting-edge research in high-performance computing, software for process control engineering, and AI-powered semiconductor advancements.
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KLA Corporation is a prominent semiconductor equipment company in the US, located in Milpitas, California, that focuses on advanced process control, defect inspection, and yield management solutions.
Established in 1975, the firm offers crucial technology for semiconductor production, such as wafers, reticles, and IC packaging, assisting manufacturers in enhancing chip yield and quality.
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KLA creates top-tier equipment and services that foster innovation across the electronics sector. We offer sophisticated process control and process-enabling technologies for the production of wafers and reticles, integrated circuits, packaging, and printed circuit boards. Working closely with top clients worldwide, our skilled teams of physicists, engineers, data scientists, and innovators create solutions that propel the world ahead.