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Applied Materials Projects Over 70% Packaging Revenue Growth for Full Year 2026

2026-08-13 20:46:18

AMAT-4.87%

Applied Materials CEO stated that major customers are providing longer-term commitments and updating demand forecasts for the next eight quarters to support production ramp-up. The company projects packaging business revenue growth will exceed 70% for full year 2026, while its global services business (AGS) is expected to grow over 20% in 2026 with long-term annual growth rates around 15%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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