Applied Materials targets AI-driven semiconductor equipment growth through 2030

Applied Materials is boosting investments in R&D, manufacturing and its global supply chain as it targets greater market share and profitability through 2030, driven by demand for AI chipmaking equipment. The company tracks more than 100 fabs and says cleanroom capacity limits equipment growth.

• Applied Materials expands R&D, manufacturing and supply chain through 2030
• The company tracks more than 100 fabs worldwide
• Cleanroom capacity is cited as a limit on equipment growth