Danielj Durn News Today

The technology sector experienced significant growth in 2023 after a disastrous preceding year.

Share: Applied Materials (AMAT) hosted its investor day this week and updated its EPS target in FY24 to $8.50. The company highlighted many semiconductor manufacturing breakthroughs, such as gate-all-around (GAA) and 3D DRAM, powered by AMATs technologies. They also articulated their plan of moving to a subscription business model through Applied Global Services.  However, what really caught our eye is AMATs outlook on the semiconductor industry. The management believes that we are entering ...