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Applied Materials aims to double revenue using artificial intelligence

Stocktwits +1 ·

AMAT Applied Materials Inc
$497.53 -1.87%
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  1. 1Applied Materials plans to double its total revenue within the next few years by utilizing artificial intelligence.
  2. 2Specific business units that introduced artificial intelligence have shown productivity improvements of up to 50%.
  3. 3Applied Materials operates EPIC centers with a capital investment of $5 billion.

So what's the key point?

Applied Materials is trying to double its revenue by using artificial intelligence. Business areas that adopted artificial intelligence have seen productivity improve by 50 percent.

Source Stocktwits +1 · View original ↗

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