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Applied Materials’ Gloomy Memory-Chip Outlook Is Bad News for PCs
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The outlook for memory chip demand keeps deteriorating.
On Thursday, the largest chip-equipment maker in the world
Applied Materials
(ticker:
AMAT
) reported slightly better-than-expected overall results on the back of robust orders for its ICAPS business, which serves the auto and industrial markets, specializing in power, sensors, and communications chips.
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