Applied Materials has invested over $421 million in Sunnyvale properties, supporting plans for a new tech complex expected to bring 2,000 engineering jobs to Silicon Valley.
"With the closing of this financing, we are excited to begin executing our bitcoin treasury strategy. We believe Bitcoin's unique properties will enhance our financial resilience and create long-term value for our shareholders."
The Trump Administration will pursue a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries.
On our semiconductor fab investment plan, since this business is so capital intensive it requires government backing, we wanted to be absolutely sure of the technology path before we take taxpayer money.