Key Highlights: Record Revenue: Both Q4 and FY 2024 saw record revenue figures, reaching $7.05 billion and $27.18 billion, respectively. This represents a 5% year-over-year increase for Q4 and a 2% increase for the fiscal year. Strong Earnings: Non-GAAP diluted EPS hit record levels in both Q4 and FY2024, reaching $2.32 and $8.65, respectively. This signifies a 9% year-over-year increase for Q4 and a 7% increase for the full fiscal year. Robust Cash Flow: The company generated $8.68 billion in cash from operations for FY 2024 and distributed $5.01 billion to shareholders through share repurchases and dividends. Positive Outlook: Applied Materials forecasts net revenue of approximately $7.15 billion for Q1 2025, with a non-GAAP diluted EPS of $2.29. AI and Energy-Efficient Computing: The company believes its portfolio uniquely positions it to support the industry's growing focus on AI and energy-efficient computing.