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Applied Materials/$AMAT

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About Applied Materials

Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Ticker
$AMAT
Sector
Semiconductors
Primary listing
NASDAQ
Employees
36,500

AMAT Metrics

BasicAdvanced
$325B
35.27
$11.59
1.59
$1.98
0.52%

What the Analysts think about AMAT

Analyst ratings (Buy, Hold, Sell) for Applied Materials stock.
Analyst projections of the future price of Applied Materials stock.

Bulls say / Bears say

AI-led chip investment is lifting near-term demand: Applied Materials forecast fourth-quarter revenue of about $10.25 billion, above analysts’ expectations, and said some customer discussions now extend to 2030. That gives the company unusually long visibility if planned spending turns into orders. (Reuters)
Applied is exposed to several of the fastest-growing equipment markets, not just AI logic chips. Management expects strong growth in DRAM, leading-edge foundry-logic and advanced packaging, supporting a broader set of demand drivers. (Applied Materials)
Profitability has been improving alongside sales: Applied reported its 13th consecutive quarter of year-on-year gross margin expansion. Sustained margin gains would help convert equipment growth into stronger earnings. (Applied Materials)
US export controls can abruptly restrict sales to Chinese customers. Reuters reported that the Commerce Department ordered toolmakers, including Applied Materials among those believed to have received letters, to halt certain shipments to Hua Hong facilities. (Reuters)
China’s push for domestic equipment adds a separate threat to Applied’s remaining addressable market there. A reported requirement for new fabs to use at least 50% locally made tools could steer business towards Chinese suppliers, even where US export rules allow sales. (24/7 Wall St.)
The market’s expectations are demanding after Applied’s shares more than doubled in 2026. Even an above-consensus forecast was followed by a share-price fall, while investors questioned whether its growth could keep pace with rivals such as ASML and Lam Research. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 13 Oct 2026.

AMAT Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

AMAT Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing AMAT

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