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Semiconductor Systems: AMAT’s Key Revenue Driver for Fiscal 2018

Semiconductor Systems: AMAT’s Key Revenue Driver for Fiscal 2018

Applied Materials (AMAT) is reporting strong revenue growth as the consumer base for electronic devices broadens with the advent of the Internet of Things, big data, and AI (artificial intelligence). The company earns more than 65% of its revenue from its Semiconductor Systems division. The world’s largest foundry, TSMC (TSM), is one of the Semiconductor Systems division’s customers.