ITNewspapersThe Economic Times

Applied Materials forecasts quarterly revenue above estimates

Biju Kumar
By Biju Kumar
  • Applied Materials forecast fourth-quarter revenue above Wall Street estimates on Thursday, anticipating a surge in AI-fueled demand for its chip-making equipment.

    Booming demand for AI-powered chips has increased the need for sophisticated and expensive wafer fabrication equipment that is essential for chip manufacturing, benefiting companies such as Applied Materials.

    Read more

    • You may also like

    Comments are closed.

    More in IT