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Linde to Invest $1 Billion to Support Major U.S. Semiconductor Facility Expansion

Provided by Dow Jones Jul 31, 2026, 2:40:00 PM

By Ian Walker

Linde PLC said it has been awarded an agreement to supply industrial gases to a semiconductor manufacturer, and will invest $1 billion to expand its facility in Phoenix, Arizona.

The Nasdaq-listed industrial gases and engineering company said Friday the agreement is with one of the world's largest semiconductor manufacturers, without naming it.

"As global demand for advanced semiconductors continues to increase, this investment demonstrates Linde's ability to deliver the purity, reliability and scale our customers require," Armando Botello, President Linde Gases, U.S., said.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

July 31, 2026 05:40 ET (09:40 GMT)

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