
Palo Alto – July 26, 2026 – Woodside Capital Partners (WCP) is pleased to announce that it served as the exclusive financial advisor to minds.ai, a pioneer in AI-driven solutions for semiconductor manufacturing, in its acquisition by Applied Materials, a global leader in materials engineering solutions for the semiconductor industry.
“This acquisition is a harbinger of how AI is going to accelerate semiconductor manufacturing to even greater heights, producing more powerful chips in a more efficient way, thus creating even more powerful AI systems that are going to transform the way we live”, said Rajesh Shakkarwar, WCP Managing Director.
The transaction underscores the accelerating convergence of software, artificial intelligence, and semiconductor manufacturing. As AI becomes increasingly integral to advanced manufacturing, strategic transactions such as this highlight the growing demand for technologies that enable greater automation, improved process optimization, and enhanced operational performance across the semiconductor ecosystem.
Capital intensity in semiconductor fabs and unprecedented demand are driving the need for greater throughput and operational efficiency. minds.ai has an advanced multi-agent reinforcement learning software that helps semiconductor manufacturers optimize highly complex manufacturing processes and improve overall fab performance. Originally founded to address manufacturing bottlenecks that exceed the limits of traditional engineering approaches, minds.ai’s technology enables multiple reinforcement learning agents to continuously enhance production performance.
We are proud to have advised minds.ai on this strategic transaction and congratulate the teams at minds.ai and Applied Materials on reaching this significant milestone.
