AI in Focus: Applied Materials

The company recently unveiled plans to grow revenue, earnings, and free cash flow by allowing customers to boost improvements in chip power, performance, area, and cost/time to market (PPACt). Plans include generating 70 percent of future services and parts revenue through subscription-like long term agreements.

“The core strategy is to be the PPACt enablement company.” says President and CEO Gary Dickerson

The new strategy is aligned to meet the complex needs of customers. Applied is committed to sustainable growth of the semiconductor industry, Its ESG initiative is driven in collaboration with suppliers, customers, and the computing industry.

The digital transformation of the global economy and new Al workloads require new architectures based on new types of silicon. Moore’s Law 2D scaling is slowing, PPACt is required for chip and system level improvements. As a result, the business model has shifted to solutions delivered via subscription models.

The Applied Al(X) (Actionable Insight Accelerator) allows semiconductor engineers to harness the power of big data and AI to accelerate the development of new chip technologies.

As the silicon content per device is increasing. Applied is addressing growing demand through their CAPS group (loT, Communications, Automotive, Power and Sensors)…