存储爆火,AI Capex应用材料终能雄起了?

海豚研究
Dec 10, 2025

海豚君在应用材料AMAT的上篇深度分析中,主要是梳理了公司的主要产品,以及在各细分设备赛道的地位。而在这篇中,将主要结合半导体制造厂资本开支情况,来对应用材料AMAT进行业绩预期和价值估算。由于应用材料公司从事于半导体设备领域,位于半导体产业链的最上游。公司的客户主要都是晶圆制造厂,涵盖逻辑类(台积电、英特尔等)和存储类(三星、海力士等)。因而,对于应用材料AMAT的业绩预测,主要关注点在于下游...

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