[Goldman Sachs: Applied Materials' solid Q4 performance, DRAM and advanced packaging drive accelerated growth in 2027] "Science and Technology Innovation Board Daily" reported on the 13th that Goldman Sachs maintained a "buy" rating on Applied Materials, but lowered its 12-month target price from US$670 to US$580, mainly due to a reduction in the valuation multiple (the price-earnings ratio dropped from 32 times to 28 times). Goldman Sachs believes that Applied Materials, which has a high exposure of more than 60% in deposition and etch, will outperform its peers on a relative basis as GAA logic and stacked memory spending increases. In addition, the company's fastest growing segments (advanced logic, DRAM and advanced packaging) are its strong share areas and are expected to contribute approximately 75% of total WFE growth by 2030.