$AMAT (APPLIED MATERIALS INC /DE) — 8-K: Applied Materials to raise Besi stake to about 20 percent of outstanding shares

Applied Materials agreed to increase its investment in BE Semiconductor Industries to approximately 20 percent of Besi's outstanding shares, adding to its initial April 2025 investment. The purchase is under an accelerated share purchase agreement and is subject to expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. Applied said it views the investment as long term, has no intention to increase it beyond approximately 20 percent, and does not intend to seek board representation at Besi. The expanded partnership extends co-innovation beyond hybrid bonding into next-generation interconnect architectures, 3D IC scaling, logic and memory integration, thermo-compression bonding and die-on-wafer, die-on-die and die-on-panel platforms.

Applied Materials agreed to increase its investment in BE Semiconductor Industries to approximately 20 percent of Besi's outstanding shares, adding to its initial April 2025 investment. The purchase i