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Applied Materials upbeat despite Intel's capex cuts; expects strong Chinese demand for packaging and testing despite lower sales contribution

Jingyue Hsiao, DIGITIMES Asia, Taipei Friday 16 August 2024 0

Credit: AFP

On August 15, Applied Materials held an earnings call, noting that Intel's planned reduction in capital expenditures is expected to have minimal impact on the company. Applied Materials remains optimistic about the growing demand for packaging and testing...

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