Semicon tools maker KLA to invest up to $400 mn in Tamil Nadu, open R&D campus
NEW DELHI: Semiconductor tools maker KLA Corporation on Friday said it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to set up a new research & development and innovation campus in Chennai.
As part of the pact, the American wafer fab equipment supplier intends to invest up to $400 million (~₹3,600 crore) over the next 10 years, underscoring its long-term commitment to India as a strategic hub for R&D, software, and AI-led semiconductor innovation.
