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Technology Stocks : ASML Holding NV
ASML 802.72+1.4%Dec 1 3:59 PM EST

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From: BeenRetired4/7/2021 9:04:55 AM
   of 19241
AMAT CC: Advanced Packaging "one of 5 key drivers for PPAC road map"...

Packaging (Advanced seems soooo redundant like "smart" this and that) is a positive for Shrink.
Packaging is NOT a way to avoid Shrink.
shill/"expert" clowns...


Patrick Ho -- Stifel Financial Corp. -- Analyst

Thank you very much, and congrats on a nice finish to the calendar year. Gary, maybe just to follow up on some of the questions and given the strength that you had in the advance packaging business that looks like it's another growth opportunity for you, are you able to leverage the products from your "leadership and existing portfolio?" Or are you also developing new products given the changes that are going on in advance packaging, particularly as they become more front-end manufacturing-like?

Gary Dickerson -- President and Chief Executive Officer

Yeah. Thanks for the question, Patrick. So I'd start off by saying we've talked about this as being one of the five key drivers for the PPAC road map going forward. And if you look at what leading customers are talking about, packaging is incredibly important for power and performance and cost.

So for me, personally, I've engaged much more so with the R&D leaders in this particular industry than I ever was. Relative to your question about existing products versus new products, I would say it's both. If you look at wafer-level packaging, we're No. 1 in wafer-level packaging; advanced wafer-level packaging with PVD, CVD, CMP, plating.

We have a new Sym3 via etcher also, where we won one of the largest -- one of our largest customers in that business. So we have all of those combinations of products in packaging. And we also announced recently a new integrated hybrid bonding system working with another company that is really important. And we have very strong pull from every one of the -- our leading customers with that new technology.

So again, it's a combination of both, where we're innovating with our existing products, also looking at accelerating the big inflections in packaging, and hybrid bonding is one example of that. So I think it's just a tremendous opportunity for the company. I think this is going to become more important as we go forward, and we're in a unique position with the combinations of capabilities that we have.
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