Summary: Applied Materials CFO Brice Hill stated that recent government-backed foundry moves, including Intel’s equity stake, will not impact the company’s forecast for high-end chipmaking tools demand. Hill believes that while government incentives may influence factory locations, they will not significantly increase overall demand or necessitate the construction of additional factories.

Link: https://www.channelnewsasia.com/business/applied-materials-cfo-says-government-backed-foundry-moves-not-change-forecast-5321106