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AI & Enterprise

HSBC warns not to waste a good selloff, names 11 tech stocks to buy now

HSBC is increasing its investment weightings mainly in U.S. and Asian stocks, judging the recent sharp drop in technology shares as a buying opportunity. It named 11 buy candidates spanning industries from cloud computing and semiconductor equipment to power infrastructure and financial services, and urged investors to respond actively to the market correction. HSBC said it would raise equity exposure in areas that have fallen more, while selecting sectors and companies it sees as able to maintain growth momentum after the pullback.

Industry

Applied Materials, Intel to cooperate on transistor, interconnect and packaging at EPIC Center

Applied Materials and Intel agreed to work together to speed development and commercialization of AI semiconductor manufacturing technologies. The companies will link Applied’s EPIC Center in Silicon Valley with Intel’s R&D campus in Hillsboro, Oregon, to shorten the time from development to commercialization. Cooperation covers next-generation materials, process technologies and device structures for advanced logic nodes, spanning FEOL and BEOL, including interconnect scaling and Foveros-based advanced packaging.

Industry

Applied Materials, BE Semiconductor Industries expand EPIC Center cooperation for AI packaging

Applied Materials said on Thursday it will expand its strategic partnership with BE Semiconductor Industries, with BESI joining Applied\'s EPIC Center as an innovation partner. The companies plan to widen cooperation beyond their joint development program launched in 2020 to cover new interconnect structures and applications. They will jointly optimise process and assembly solutions across advanced packaging, from wafer-level hybrid bonding to panel-scale integration, aiming to deliver jointly optimised results to customers earlier.