Applied Materials: Strong AI Compounder
Applied Materials(AMAT) Seeking Alpha·2024-06-19 08:47
Sundry Photography Investment Thesis I believe Applied Materials (NASDAQ:AMAT) has demonstrated strong revenue and EPS growth and this is set to continue. Over the last 10 years, Applied Materials has seen strong revenue growth. In 2014, revenue totaled $7.51 billion; 2024 revenue is equal to $26.52 billion, a 353% increase. Looking forward, consensus revenue estimates have shown this compounding continuing, with revenue projected to increase from $26.94 billion in fiscal 2024 to $37.36 billion in fisca ...