Applied Materials Sees DRAM and Packaging Driving Equipment Growth

Applied Materials says it is increasing investment in research, manufacturing and its supply chain while pursuing its 2030 targets. The company expects advanced logic, DRAM and advanced packaging together to generate approximately 75% of wafer-fab-equipment market growth over 2025-2030. It also targets more than two percentage points of additional market share, alongside non-GAAP gross and operating margins of roughly 54% and 40%. These are company targets, not reported results.