CEO of Applied Materials Says AI Growth Depends on Semiconductor Industry Expansion

The CEO of Applied Materials, Gary Dickerson, stated during a conference call that the growth rate of the AI industry depends on the pace at which the semiconductor industry expands. Applied Materials is working closely with its customers to assess demand and ensure there is sufficient capacity to meet these needs. Dickerson mentioned that the forecasts from the company's largest customers extend up to eight quarters into the future. Additionally, Applied Materials is collaborating more closely with suppliers to coordinate capacity.

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