Karnataka approved three semiconductor projects worth ₹23,000 crore to enhance chip manufacturing and innovation.The projects by Applied Materials India, Lam Research, and Bharat Semi Systems will create over 3,500 jobs in Bengaluru and Mysuru.Applied Materials India will establish India's first Innovation Centre for Semiconductor Manufacturing with an investment of ₹4,851 crore.Lam Research and Bharat Semi Systems will invest ₹6,790 crore and ₹2,342 crore, respectively, to develop advanced R&D labs and manufacturing units.