Applied Materials Up On Higher Sales, Improved Margin

By | August 15, 2014

Scalper1 News

Applied Materials (AMAT) CEO Gary Dickerson says recent shifts in semiconductor technology are playing to the chip equipment maker’s strengths, which should boost revenue 10% to 17% in the current quarter after a nearly 15% increase in fiscal Q3. Rising display and semiconductor demand is driving growth, and evolving trends in mobility and connectivity are accelerating innovation in mobile chips, he said. Applied Materials was up nearly 5%, near Scalper1 News

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