Published 5/21/2026, 8:30:01 PM · Updated 5/21/2026, 9:54:06 PMBy TheBriefWire Editorial Team
Key points
People walk through the campus of the University of California Los Angeles, in Los Angeles, Aug.
11, 2025. Broadcom, Meta, Applied Materials, GlobalFoundries and Synopsys are joining forces to launch a $125 million "Semiconductor Hub" at the UCLA Samueli School of Engineering.
The new partnership will aim to speed up research and workforce development for AI-powered chip technologies, and support innovations across chip design, equipment, software, manufacturing and other parts of the chips ecosystem, according to a UCLA press release.
Based at the UCLA Samueli campus, the research hub will start with a five-year commitment.
Faculty and student researchers will work with the founding companies to help shorten the timeline for new chip innovations to reach a rapidly-changing market, Ah-Hyung "Alissa" Park, dean of engineering at UCLA Samueli, told CNBC.