Applied Materials Says AI Boom Is Driving Semiconductor Equipment Demand Higher
Applied Materials (NASDAQ:AMAT) sees continued strength in semiconductor equipment demand as artificial intelligence-related investment drives customer forecasts higher, Chief Financial Officer Brice Hill said at Citi’s 2026 Global TMT Conference. Hill said the company’s rolling eight-quarter forecasts from its largest customers, particularly DRAM and leading-edge logic manufacturers, have increased throughout the year. He attributed the […]
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