KLA Corporation to Invest $400M in Chennai R&D Campus with Tamil Nadu Government
SEMICONDUCTOR
KLA Corporation signed a Memorandum of Understanding with the Government of Tamil Nadu to invest up to $400 million in a new R&D campus in Chennai. The facility, planned on a 12-acre site, aims to support advanced semiconductor research and engineering while generating up to 4,000 jobs over the next decade. This initiative highlights KLA's commitment to India as a strategic hub for AI-led semiconductor innovation.

Feb 14, 2026, 6:10 AM