Applied Materials' first quarter profit of 2 billion yuan increased by 17.6% year-on-year. Applied Materials rose 6.4% in a single day last Friday, mainly supported by financial reports. In the first quarter of the fiscal year, the revenue was 6.7 billion yuan, a slight decrease of 0.5% year-on-year, but the profit was 2 billion yuan, a year-on-year increase of 17.6%. NonGAAP achieved a profit of 1.8 billion yuan, a year-on-year increase of 3.5%. Among the main business revenue, the largest increase was in DRAM memory, with a revenue of 1.67 billion yuan, accounting for 25%, a year-on-year increase of 150%. In terms of operation, the inventory turnover days decreased from 153 days in the same period last year to 146 days, indicating an increase in turnover capacity and a decrease in operating costs, thus maintaining a significant increase in profits.