Applied Materials Inc. expects to double revenue over the next few years without a similar rise in hiring. CEO Gary Dickerson said, “As we double the size of the company over the next few years, we’re not going to be doubling headcount.” The firm now uses artificial intelligence for product development.

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Applied Materials Inc. expects to double revenue over the next few years, without a commensurate rise in hiring, because it’s relying more on artificial intelligence tools for things like product development and quality control.

“As we double the size of the company over the next few years, we’re not going to be doubling headcount,” Gary Dickerson , chief executive officer of the chip-equipment maker, said in an interview.