LRCX - Applied Materials Leveraging On A Semiconductor Play

• AMAT’s drive for semiconductors continue to show a clear path towards growth.
• PPACt enablement strategy is working well, resulting in a higher Q3 market outlook.
• Committed to appreciate shareholder value by allocating 80 to 100 percent of its free cash flow.
• President Joe Biden proposed a $50 billion stimulus package to boost semiconductor manufacturing and research.
• AMAT performed well in Q2, with revenue growth of 41.06% against Q2 2020 and an ROE of 42.1%.

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