In the conference call CEO Gary Dickerson and chief financial officer Bob Halliday both talked at length about the health of their markets.
In particular, Dickerson said demand continues to rage for DRAM and memory chips, while capacity additions have been low, a kind of perfect storm for that market. One of the benefits today is DRAM and NAND maker Micron Technology $MU up 82 cents or almost 3%, at $30.44.
Dickerson and Halliday also spoke at length about the display market, their other big opportunity for equipment sales, saying tools to make giant, 10-square-millimeter sheets of glass, called “Gen 10.5,” are going into high gear in order to make larger television sets. The display market then has another wave of spending to look forward to with the proliferation of OLED display for smartphones and other screens.