Linde to invest $1B for semiconductor gas supply in Phoenix

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

July 31, 2026 5:00 AM EDT

WOKING, England--(BUSINESS WIRE)-- Linde (Nasdaq: LIN) today announced that it has been awarded a new long-term agreement to supply ultra-high-purity industrial gases to one of the worlds largest semiconductor manufacturers.

The agreement will support the expansion of the customers semiconductor manufacturing complex in Phoenix, Arizona. Linde will invest $1 billion to expand its existing on-site industrial gases complex in Phoenix, making the site one of Lindes largest investments for an electronics customer globally.

Under the agreement, Linde will build, own and operate two new SPECTRA® air separation units (ASUs) and... More