Semiconductor investment is hot, and the annual performance of applied materials is expected to reach a record high.
CTOnews.com May 21 news, semiconductor equipment company Application Materials recently released second-quarter results, operating income of $6.63 billion (currently about 46.543 billion yuan), month-on-month growth of 6%, adjusted net profit per share after tax (currently about 14 yuan), an increase of 8%. Operating conditions and financial performance still beat analysts' expectations.
▲ source: AMAT official website
According to Applied Materials, its main source of revenue comes from wafer foundry and semiconductor manufacturing equipment for logic chips, accounting for 84 per cent of revenue, up from 65 per cent in the same period last year; DRAM equipment accounted for 11 per cent, compared with 21 per cent in the same period last year, and the share of NAND equipment also fell to 5 per cent. Applied materials point out that manufacturers of storage products such as Samsung have cut annual capital expenditure or production cuts, which has had a negative impact on performance.
Yingcai President and CEO Gary Dickerson said revenue in the third quarter would reach $6.15 billion (CTOnews.com Note: currently about 43.173 billion yuan) and after-tax profit per share was between $1.56 to 1.92 (currently about 10.93 to 13 yuan). Dickerson pointed out that semiconductors have gradually become a strategic resource, governments around the world have increased subsidies, leading enterprises continue to invest in semiconductors, and there is a strong demand for automotive and industrial chip production equipment, alleviating the downturn in consumer electronics, and the performance for the whole year of 2023 is expected to reach a record high.
CTOnews.com Note: applied Materials is a semiconductor manufacturing equipment company headquartered in Santa Clara, California, whose main products are used in chip manufacturing and have been working in the equipment field for more than 50 years. At present, it is competing with ASML for the first place in semiconductor equipment, but the two main businesses are different, which has little impact on each other's business. Applied materials customers include TSMC, Samsung Electronics, Micron and other semiconductor giants.
