Market Chatter: Applied Materials CEO Sees Strong Long-Term Visibility Into Chip Equipment Demand

MT Newswires Live
07/09

Applied Materials (AMAT) is seeing stronger long-term visibility into semiconductor equipment demand as major chipmakers share production plans extending well beyond 2027, Nikkei Asia reported Thursday, citing CEO Gary Dickerson.

The company has a clear view of customer demand over the next eight quarters, with some customers also providing directional outlooks through 2030 to support capacity planning, the report said, citing the CEO's remarks.

Applied Materials continues to expand production to meet demand driven by artificial intelligence infrastructure and advanced semiconductor manufacturing, Nikkei Asia reported.

The company also expects advanced chip packaging equipment to remain one of the industry's fastest-growing segments, according to the report.

Applied Materials did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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