Applied Material' Equipment Market Share Plummets 5% Below ASML In 2023 Says The Information Network

ALLENTOWN, Pa. - March 5, 2024 - PRLog -- NEW TRIPOLI, PA,  Applied Materials relinquishment of its top position—a status it maintained for two decades, with the exception of 2019 when ASML previously claimed the lead. according to the report "Global Semiconductor Equipment: Markets, Market Shares and Market Forecasts," recently published by The Information Network, (www.theinformationnet.com) a New Tripoli, PA-based market research company.

"I believe that 2024 will be a challenging year for Applied Materials, tied to ASML's sanctioned high-end DUV lithography systems to China, which would have required AMAT's etch and deposition equipment for multi-patterning, and ASML's High-NA EUV lithography equipment, which doesn't require AMATs equipment," reported Dr. Robert Castellano, President of The Information Network.

"Applied Materials' semiconductor revenues grew by just $26 million QoQ in the latest quarter despite strong revenue from China," added Dr. Castellano. "For 2023, revenue dropped $253 million YoY. This compares to ASML, which grew $345 million QoQ and $7.9 billion YoY for the calendar year."

Web – http://www.theinformationnet.com

E-mail - inquiry@theinformationnet.com

CONTACT:    Dr. Robert N. Castellano, 610/737-7596

INDUSTRY KEYWORD: semiconductor