Applied Materials: High Growth In U.S. And Europe Markets
Sundry PhotographyIn our prior analysis of Applied Materials, Inc. (NASDAQ:AMAT), we emphasized its market dominance in 2022, outperforming semiconductor equipment competitors. However, we anticipated a growth slowdown due to a projected moderation in the semiconductor industry capex for Logic and Memory segments. In this follow-up analysis, we analyzed the company's full-year results, noting a flattish revenue growth (2.8%). We focused on the geographical revenue breakdown, particularly in China, consi ...