US chip toolmaker Lam Research lines up over $1b investments in India

US chip toolmaker Lam Research lines up over $1b investments in India

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

U.S.-based chip toolmaker company Lam Research said it will invest over 100 billion rupees ($1.2 billion) in the next few years in India’s southern Karnataka state, the latest boost to the nation’s plans to bolster its semiconductor ecosystem.

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