Applied Materials Executive Reports Accelerating Demand For High Bandwidth Memory In 2024; DRAM System Shipments Remain Strong Despite Decline In DRAM Sales In China
Portfolio Pulse from Benzinga Newsdesk
Applied Materials (AMAT) reports accelerating demand for high bandwidth memory in 2024, with strong DRAM system shipments despite a decline in DRAM sales in China.
August 15, 2024 | 8:46 pm
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Applied Materials reports accelerating demand for high bandwidth memory in 2024, with strong DRAM system shipments despite a decline in DRAM sales in China.
The news indicates a positive outlook for Applied Materials due to increasing demand for high bandwidth memory, which is likely to drive revenue growth. The strong DRAM system shipments, despite a decline in DRAM sales in China, suggest resilience in their market position.
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