AMAT

Applied Materials, Inc. manufactures semiconductor and display manufacturing equipment, serving as a critical supplier to the global electronics industry. Headquartered in Santa Clara, California, the company operates through three primary segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. Its semiconductor equipment enables the production of advanced logic and memory chips, including technologies for artificial intelligence, 5G, and high-performance computing applications. The company supplies chemical vapor deposition, physical vapor deposition, etching, ion implantation, and metrology systems to chipmakers worldwide. Applied Materials holds the leading market position in semiconductor equipment manufacturing, competing primarily with Lam Research, ASML, and Tokyo Electron. The company employs approximately 34,000 people globally and maintains manufacturing, research, and service facilities across North America, Europe, and Asia. In fiscal year 2023, Applied Materials generated $26.5 billion in revenue, with semiconductor systems accounting for the majority of sales. The company invests heavily in research and development, allocating over $3 billion annually to advance materials engineering solutions for smaller, faster, and more energy-efficient chips. Recent strategic focus areas include gate-all-around transistor technology, advanced packaging, and equipment for producing chips at the 3-nanometer node and beyond. Applied Materials also provides refurbishment services and spare parts through its Global Services segment, creating recurring revenue streams.