AMAT Rides on the Strength in Semiconductor Systems: Will it Last?

Key Takeaways Applied Materials' Semiconductor Systems revenues hit $5.43B in Q3, up 10% year over year.AMAT sees leading-edge DRAM revenues rising 50% in fiscal 2025 with major demand tailwinds.Weaker Q4 guidance reflects China capacity digestion, export license backlog, and demand timing.Applied Materials’ (AMAT) Semiconductor Systems segment is shining on the back of strong demand for foundry-logic, DRAM and NAND products. AMAT is experiencing strong wins in deposition, etch, and new DRAM solutions, lead ...