No Expansion, Just AI! Applied Materials (AMAT.US) Aims to Double Revenue, But Headcount Won't Grow in Tandem

Zhito Finance APP has learned that Applied Materials (AMAT.US) expects its revenue to double in the coming years, though it will not significantly expand hiring at the same pace. The company is increasing its use of artificial intelligence (AI) tools to empower areas such as product research and development and quality control.