Shares of Applied Materials, Inc. (NASDAQ:AMAT) ended Monday session in red amid volatile trading. The shares closed down -0.23 points or -0.76% at $29.92 with 9.87 million shares getting traded. Post opening the session at $30.18, the shares hit an intraday low of $29.80 and an intraday high of $30.40 and the price vacillated in this range throughout the day. The company has a market cap of $32.96 billion and the numbers of outstanding shares have been calculated to be 1.08 billion shares.
Applied Materials, Inc. (AMAT) introduced the display industry’s first high-resolution inline e-beam review (EBR) system, increasing the speed at which manufacturers of OLED and UHD LCD screens can achieve optimum yields and bring new display concepts to market.
Applied is the semiconductor industry leader in EBR with more than 70 percent market share in 2015. The company has combined its leading-edge SEM* capabilities used in semiconductor device review with a large-scale display vacuum platform, resulting in an inline EBR technology that is the fastest, most effective method to discover and address the root causes of killer defects in advanced mobile and TV displays.
Applied’s EBR system has received orders from 6 of the top 10 largest display manufacturers in the world and demand is increasing as manufacturers look to quickly and cost effectively optimize their yields and bring new types of displays to market faster.
“Our new EBR system is the latest in a strong pipeline of display products that enables customers to solve critical OLED and LCD manufacturing challenges,” said Ali Salehpour, senior vice president and general manager, Display and Adjacent Markets and Applied Global Services, Applied Materials. “Applied’s unique ability to combine semiconductor yield techniques and panel-level SEM technology expands our addressable market and avoids costly yield excursions for our customers. Emerging applications such as augmented and virtual reality and smart vehicles require better displays with new form factors. These applications are driving demand for solutions like our EBR tool that give customers significant time-to-market advantages.”
Shares of Activision Blizzard, Inc. (NASDAQ:ATVI) ended Monday session in red amid volatile trading. The shares closed down -0.20 points or -0.45% at $44.10 with 5.45 million shares getting traded. Post opening the session at $44.30, the shares hit an intraday low of $43.96 and an intraday high of $44.55 and the price vacillated in this range throughout the day. The company has a market cap of $32.77 billion and the numbers of outstanding shares have been calculated to be 741.47 million shares.
Bungie and Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. (ATVI), deliver the next highly-anticipated storyline to the action shooter Destiny with their large expansion, Destiny: Rise of Iron. Before there were Guardians protecting humanity, there were Iron Lords. The new, cinematic-filled adventure sets players on a heroic journey where they will join forces with one of Destiny’s greatest heroes, Lord Saladin, to battle an ancient, vicious enemy from the past and ultimately earn their place in history as Iron Lords themselves.
Available now alongside Rise of Iron is Destiny – The Collection, an all-in-one experience containing every release from the award-winning action shooter franchise to date. Destiny: Rise of Iron and Destiny – The Collection can be purchased, worldwide, in each territory where available at global retailers, and through console digital stores for the PlayStation®4 system and Xbox One (PlayStation®Plus, Xbox Live Gold, required for some features). Destiny: Rise of Iron requires Destiny game and The Taken King (includes Expansions I & II), sold separately.
“Rise of Iron’s record shattering pre-orders make it by far our most anticipated expansion for Destiny ever–and for good reason. It’s packed with incredible new adventures that Destiny players are going to love,” said Eric Hirshberg, CEO of Activision. “Along with our partners at Bungie, we can’t wait for our fans to explore ‘The Plaguelands,’ conquer an entirely new Raid, ‘Wrath of the Machine,’ and tackle all new modes, a new Strike, quests, weapons, and gear. I, for one, can’t stop playing. And you won’t be able to either.”
“The team was excited to expand upon the heroic tale from one of Destiny’s most renowned characters in Destiny: Rise of Iron,” said Pete Parsons, CEO of Bungie. “We can’t wait to see the memories and stories that will unfold as the community discovers what it means to become an Iron Lord.”