Stacy Rasgon's questions to Applied Materials Inc (AMAT) leadership • Q2 2025
Question
In a follow-up, Stacy Rasgon sought to confirm his understanding of the Q3 segment guidance, clarifying the year-over-year commentary for foundry-logic, DRAM, and NAND, and what that implied for sequential trends.
Answer
CFO Brice Hill confirmed that the commentary was year-over-year and affirmed that Mr. Rasgon's interpretation of the sequential trends was 'fair.' This included foundry-logic up sequentially, while DRAM would be down sequentially against a tough comparison from prior China shipments.