Applied Materials Will Double Sales, Not Headcount, Thanks to AI

Watch Applied Materials CEO on Doubling Revenue Thanks To AI

Applied Materials CEO Gary Dickerson says he expects revenue to double over the next few years. He notes that Applied Materials had opened a $5 billion research and development center in Silicon Valley to speed development of next-generation chips. He speaks with Ed Ludlow on "The Close."

Applied Materials will double sales, not headcount, thanks to AI

Its revenue growth is not expected to be commensurate with an increase in hiring Read more at The Business Times.