Applied Materials (AMAT)
Information Technology · Semiconductor manufacturing equipment (SME)
Applied Materials provides semiconductor fabrication equipment and services that enable chipmakers to scale advanced manufacturing at critical technology inflections.
What Applied Materials does
Applied Materials designs, manufactures, and sells capital equipment, services, and software to semiconductor and related industries. The company operates through two main segments: Semiconductor Systems (capital equipment for wafer fabrication) and Applied Global Services (AGS), supporting chip manufacturers, wafer fabs, and electronics device makers. Its products enable customers in personal computing, mobile, AI/data center, automotive, and industrial applications to advance their manufacturing capabilities at key technology nodes.
Themes: ["AI infrastructure","semiconductor manufacturing","advanced process nodes","capital equipment supply","data center chips","technology node transitions"]
Fundamentals
- Price$588.66 as of 2026-07-09 close
- Market cap$453.0B as of 2026-07-10
- 1-year return+201.3% as of 2026-07-09 close
- P/E53.24 as of 2026-07-10
- Net margin+29.3% as of 2026-07-10
- Gross margin+49.0% as of 2026-07-10
- ROE+39.8% as of 2026-07-10
- Debt / equity0.27 as of 2026-07-10
- Revenue growth (YoY)+3.3% as of 2026-07-10
- Revenue CAGR (3y)+3.2% SEC XBRL
- Beta1.59 as of 2026-07-10
Dividend: yield +0.4%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Customer spending on semiconductor capital equipment is highly cyclical and dependent on global demand for chips, technology transitions, and macroeconomic conditions that can shift rapidly.","Maintaining competitive advantage requires continuous substantial R&D investment and ability to develop new technologies before demand emerges; failure to innovate could result in loss of market share.","Results are concentrated with major semiconductor manufacturers, creating dependency on a small number of large customers whose capital spending decisions directly drive company performance."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.