πΎ Applied Materials Beats with $9.12B Q3 Revenue, Up 25% β Plans to Double Chip Output
Applied Materials just posted fiscal Q3 revenue of $9.12 billion, up 25% year-over-year, with adjusted EPS of $3.50 β beating expectations. The semiconductor equipment giant also said it plans to roughly double its semiconductor-system manufacturing capacity by 2028. The AI chip buildout is clearly still running hot. Which chipmaker do you think benefits most from this capacity ramp?
β‘ 49 buzzing
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