Applied Materials President and CEO Gary Dickerson recently joined CNBC’s Jim Cramer on his iconic show, Mad Money. The lively conversation focused on the unprecedented rise in computing demand driven by the global build-out of AI and why Applied is well positioned to benefit from this new wave of industry growth.
Jim opened the interview by asking whether this might be one of the greatest times in the history of the semiconductor industry. Gary didn’t hesitate: “Not maybe. It is the greatest time in the history of the industry… and this inflection is going to go on for a very long time.”
Gary went on to explain that leading-edge logic, DRAM and advanced packaging are the fastest-growing segments of the wafer fabrication equipment market, and Applied is the leading process equipment company in all three areas.
The conversation then turned to the EPIC Center, Applied’s new multibillion-dollar collaborative R&D center set to open in Silicon Valley later this year. EPIC is designed to accelerate commercialization of new chip technologies by bringing together innovators from across the ecosystem – from chipmakers and designers to academic researchers –in a high-velocity collaboration environment.
In closing, Dickerson told Mad Money viewers that “Applied is in an incredible position to enable AI computing of the future.”
Read more and watch the full interview here: This is the greatest time ever for semiconductors, says CEO of key equipment supplier
Forward-Looking Statements
This blog post and the included interview contain forward-looking statements, including those regarding our business outlook, anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, our business and financial performance and market share positions, our investment and growth strategies, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products; global economic, political and industry conditions; global trade issues; the effects of geopolitical turmoil or conflicts; demand for semiconductor chips and electronic devices; the introduction of new and innovative technologies, and the timing of technology transitions; our ability to meet customer demand, and our suppliers’ ability to meet our demand requirements; market acceptance of existing and newly developed products; and other risks and uncertainties described in our filings with the Securities and Exchange Commission, including our most recent Forms 10-K, 10-Q and 8-K. All forward-looking statements are based on management’s current estimates, projections and assumptions, and we assume no obligation to update them.
