Applied Materials stock gains 6.65% as BESI stake plan targets AI packaging
Published on 11/11/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrategic investment expands packaging exposure
- Applied Materials announced an agreement to raise its BE Semiconductor Industries stake from 9 percent to about 20 percent.
- The share delivery remains subject to the expiration or termination of the applicable U.S. antitrust waiting period.
- Applied Materials describes the holding as long term and does not intend to seek a BE Semiconductor board seat.
Applied Materials stock traded at 354.25 euros on Lang & Schwarz at 13:23 CET on Wednesday, November 11, 2026, 6.65 percent above the Xetra close of Tuesday, November 10. The move comes as investors assess the chip-equipment maker's plan to expand its strategic position in advanced packaging.
On October 26, Applied Materials announced an agreement to increase its investment in BE Semiconductor Industries, known as Besi, to approximately 20 percent of the Dutch company's outstanding shares. The proposal would add to Applied Materials' existing 9 percent holding, which followed its initial investment in April 2025.
Packaging partnership targets AI scaling
According to the Applied Materials investor relations release, the companies' strategic collaboration began in 2020 and was recently expanded when Besi joined Applied Materials' EPIC Center as an Innovation Partner.
The expanded cooperation covers hybrid bonding and other interconnect architectures used in advanced chip integration. Applied Materials also cited next-generation 3D integrated-circuit scaling, logic and memory integration, thermo-compression bonding, and die-on-wafer, die-on-die and die-on-panel platforms.
Applied Materials President of the Semiconductor Products Group Prabu Raja said the investment reflects the growing importance of hybrid bonding and next-generation interconnects for energy-efficient artificial intelligence computing. He also said the companies aim to develop products and technologies that help customers scale AI systems.
Agreement still awaits regulatory step
The transaction is structured as an accelerated share purchase agreement. Delivery of the Besi shares remains conditional on the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
That condition means the announced 20 percent holding is a target under the agreement rather than a completed ownership position. Applied Materials said it views the investment as long term, currently has no intention of increasing it beyond approximately 20 percent, and does not intend to seek representation on Besi's board.
For investors, the announcement adds a strategic advanced-packaging component to Applied Materials' semiconductor equipment profile. The potential benefit depends on the adoption of hybrid bonding and related integration technologies, while the immediate financial contribution of the investment was not specified in the release.
Applied Materials stock at a glance
- Company: Applied Materials, Inc.
- ISIN: US0382221051
- Ticker: AMAT
- Home exchange: Nasdaq
- Lang & Schwarz price: 354.25 euros on Wednesday, November 11, 2026, at 13:23 CET
- Change versus Xetra close: 6.65 percent
- Xetra reference close: 332.15 euros on Tuesday, November 10, 2026
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