Besi stock gets strategic backing as Applied Materials targets 20%
Published on 11/12/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrategic backing for advanced packaging
- Applied Materials plans to expand its long-term partnership with Besi beyond hybrid bonding.
- The share purchase remains subject to the expiration or termination of US antitrust review.
- Applied Materials says it does not intend to seek a board seat or raise its investment beyond the planned level.
Applied Materials announced on Monday, October 26, 2026, that it had entered into an agreement to increase its investment in BE Semiconductor Industries, known as Besi, to approximately 20 percent of the Dutch semiconductor-equipment maker's outstanding shares. The announcement adds a strategic ownership angle to Besi's position in advanced packaging for artificial-intelligence systems.
Applied Materials said in its announcement that the additional purchase would build on an investment first made in April 2025. The companies have worked together since 2020, and their cooperation was recently expanded through Besi's role as an Innovation Partner at Applied Materials' EPIC Center.
Partnership broadens beyond hybrid bonding
The expanded cooperation covers next-generation three-dimensional integrated-circuit scaling, logic and memory integration, thermo-compression bonding, and die-on-wafer, die-on-die and die-on-panel integration platforms. Applied Materials described these technologies as part of the infrastructure needed to scale energy-efficient AI computing.
Applied Materials President of the Semiconductor Products Group Prabu Raja said hybrid bonding and next-generation interconnect architectures were becoming increasingly important for AI compute performance. For Besi, the statement reinforces the strategic relevance of its packaging technology while leaving commercial execution dependent on customer adoption, production readiness and equipment deliveries.
The planned share purchase has not yet fully settled. Delivery remains subject to the expiration or termination of the applicable waiting period under the US Hart-Scott-Rodino antitrust process. Applied Materials described the investment as long term and said it currently does not intend to increase its holding beyond approximately 20 percent or seek representation on Besi's board.
Current quote and investor focus
Besi stock traded at 158.03 euros on Lang & Schwarz at 10:00 CET on Thursday, November 12, 2026.
The development gives investors a clearer view of the industrial relationship behind Besi's advanced-packaging strategy, but it does not by itself guarantee future orders, revenue or profitability. The next material indicators are the completion of the share purchase, progress in joint technology programs and the conversion of demand for hybrid-bonding and related equipment into shipments.
BE Semiconductor Industries
- Company: BE Semiconductor Industries N.V. (Besi)
- ISIN: NL0012866412
- Ticker: BESI
- Home exchange: Euronext Amsterdam
- Lang & Schwarz quote: 158.03 euros at 10:00 CET on Thursday, November 12, 2026
The broader Dutch equity market can be followed through the AEX.
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