AI Demand Boosts Chip Equipment Outlook

tengyanAI · x · 2026-07-10

The post analyzes the recent earnings of Lam Research and Applied Materials, arguing this is more than a normal cyclical rebound. It notes that Lam estimates every 100,000 wpm capacity added during the GAA transition brings about $1 billion in new addressable market. Meanwhile, Applied Materials reported record chip equipment revenue and its best gross margin in 25 years, projecting over 30% growth for the related business this year.

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