The CEO of Applied Materials predicts a multi-year business cycle in the chip industry, with semiconductor equipment stocks rising across the board According to a report by Golden Finance, on July 9th, semiconductor equipment stocks rose across the board, with Aehr Test Systems up over 13%, Kelei up over 9%, Applied Materials up over 8%, Panlin Group and EMAG Technology up over 7%, Terada up over 5%, and ASML up over 3%. On the news front, Gary Dickerson, CEO of Applied Materials, revealed that chip manufacturers have now extended their equipment demand forecasts to two years or even longer, and some customers' planning horizons have even extended to 2030. He believes that this advanced planning provides enough confidence for equipment manufacturers such as application materials to expand production capacity in an orderly manner, without the need to frequently adjust their pace due to the uncertainty of semiconductor cycles as in the past.