Linde to invest $1 billion in Arizona after winning semiconductor supply deal
31/07/2026 10:17
Linde to invest $1 billion in Arizona after winning semiconductor supply deal July 31 (Reuters) - Linde LIN.O, the world's largest industrial gases company, said on Friday it had secured a new long-term agreement to supply ultra-high-purity industrial gases to one of the world's largest semiconductor manufacturers and would invest about $1 billion in Arizona.
The U.S.-German company said the investment would increase capacity at its existing gases complex in Phoenix to support the customer's semiconductor manufacturing expansion.
(Reporting by Bartosz Dabrowski in Gdansk, editing by Milla Nissi-Prussak)
((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))
Recent news on Linde
See all newsBrief: Linde Expands Supply Of Industrial Gases To Tata Steel In India
Gas giant is tougher activist target for Elliott
Air Liquide rises as Elliott reportedly builds stake, pushes for higher margins (updated)
Air Liquide rises as Elliott reportedly builds stake, pushes for higher margins
Media reports on Elliott's stake building boost Air Liquide shares