Air Liquide invests over 150M USD in the U.S. to facilitate the growth of a leading global memory chip manufacturer

PRESS RELEASE

Paris, July 23, 2026

Air Liquide invests over 150M USD in the U.S. to facilitate the growth of a leading global memory chip manufacturer

Air Liquide announced today an investment of over 150 million USD to build, own and operate a new industrial gas production facility in Idaho to support the site expansion of a global leader in semiconductor memory chips. Building on a renewed partnership, this new investment will support the significant increase of the customer’s production capacity, further establishing Air Liquide as a premier, long-term partner to the semiconductor industry.

Scheduled to begin operations in 2028, Air Liquide’s state-of-the-art production unit will deliver large volumes of ultra-pure nitrogen, oxygen and argon, essential for manufacturing advanced memory chips. This expansion is notably intended to meet the surging demand for AI in the U.S. and global markets.

Air Liquide is playing a crucial role in supporting the reshoring of advanced semiconductor manufacturing by supplying essential ultra-pure gases and critical materials. This new investment in Idaho builds on the Group’s ongoing expansion of its footprint across major U.S. semiconductor hubs, such as Arizona, Indiana, Virginia, Texas and upstate New York.

Matthieu Giard, Group Executive Committee member, notably supervising operations in the Americas, stated:
"This new investment underscores Air Liquide’s commitment to meeting the growing demand for critical industrial gases required to manufacture advanced semiconductor chips. Building on the strong relationship we have established as their current supplier, our customer’s decision to choose us for this new phase of growth demonstrates a deep and renewed trust in our proven capabilities in Idaho. As the U.S. market accelerates, we are proud to support our customer’s expansion and enable the breakthrough technologies of tomorrow.”

CONTACTS

Corporate Communications
media@airliquide.com

Investor Relations
IRTeam@airliquide.com

Oxygen, nitrogen, hydrogen, and many other essential small molecules are the invisible pillars of our world and our lives. They have been at the core of the Group’s activities since its creation in 1902.

A world leader in gases, technologies and services for industry and healthcare, Air Liquide acts as the backbone of numerous economic sectors, serving 4.3 million customers and patients across 59 countries with approximately 65,000 employees. With revenues close to 27 billion euros in 2025, Air Liquide combines strong performance and useful growth.

The Group is a leader with a diversified, resilient business model and a strong local footprint across the globe. Through deep engineering expertise and technological innovation, Air Liquide provides scalable solutions that enhance industrial efficiency, accelerate decarbonization, and strengthen value chains. Strategically exposed to growth markets and megatrends, the Group accompanies major industrial and societal transformations to create long term added value and build a sustainable future.

Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good, and Dow Jones Best-in-Class Europe Index indexes.