AI InvestmentsAI investments are driving a resurgence in leading-edge technologies, including significant growth in Gate-All-Around (GAA) revenue, which is expected to more than double next year.
Revenue GrowthApplied Materials reported July revenue ahead of expectations at $6.8 billion, indicating strong financial performance and positive investor sentiment.
Service BusinessApplied Materials' Service business is a steady growth driver that helps to offset the volatility around equipment sales, providing a stable revenue stream.