Applied Materials (AMAT) says experiencing an unprecedented cycle, with leading-edge logic, DRAM, and NAND all in simultaneous upturns; expect WFE to grow by USD 60-90bln over a one- to three-year period

• Top cloud providers are estimating ~USD 600bln in data-center AI capital expenditures.

Applied Materials (AMAT) is indicating a significant bullish outlook, citing simultaneous upturns in leading-edge logic, DRAM, and NAND markets. This suggests robust demand in semiconductor materials, which could drive substantial revenue growth over the next few years, making it a key consideration for equities tied to tech and semiconductors.