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home / news releases / AMAT - Applied Materials Onto appear as strong names on TSMC spend: Stifel


AMAT - Applied Materials Onto appear as strong names on TSMC spend: Stifel

2024-07-15 11:39:32 ET

"Pre-event, our bias was that companies should feel more encouraged by the investment outlook for advanced foundry/logic," said Stifel analysts Brian Chin and Denis Pyatchanin, in an investor note. "Based on our discussions, this bias was largely reflected in tone, and we think the breadth/magnitude of TSMC's spending plans through '25 is coming into focus. Our belief that TSMC capex will increase +20% next year is unchanged."...

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Applied Materials, Onto appear as strong names on TSMC spend: Stifel
Stock Information

Company Name: Applied Materials Inc.
Stock Symbol: AMAT
Market: NASDAQ
Website: appliedmaterials.com

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