A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing US$1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies to solve chip industry supply chain problems.
The company plans to spend US$1 billion through 2025 for sites in Arizona, California, Texas and Pennsylvania. Merck KGaA also said Tuesday it is forming a joint venture with analytics firm Palantir. The joint venture will aim to pull in data from material and chemical suppliers on one side and chip factories from the other and analyze it to improve efficiency.
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