Applied Materials has selected Broadcom as an EPIC innovation partner and will jointly develop next-generation AI chip packaging technology, the companies said on May 21. They said they will use Applied\'s global network of innovation centers to strengthen advanced packaging technology for connecting multiple chips within computing systems. EPIC is Applied\'s ecosystem collaboration platform supporting the full process from semiconductor technology development to commercialisation.

South Korea\'s KOSPI index crossed the 8,000 mark for the first time intraday on May 15, extending a rally led by large chipmakers such as Samsung Electronics and SK Hynix. The index has risen about 21 percent in May after first clearing 7,000 on May 6. The move is underpinned by expectations of stronger AI-related memory demand, though heavier dependence on chip bellwethers could increase volatility.