SeventhBiz
Trending now
Tariffs Labor Costs Platform Consolidation AI Workforce Automation Interest Rates Data Center Load AI Capex IRA Incentives FDA Approval Pathway Agentic AI

Companies · AMAT

AMAT Reported this cycle

Applied Materials

Santa Clara, CA Semiconductors

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Oct 26, 2026

Applied Materials increases Besi stake to ~20% via accelerated share purchase, reinforcing hybrid-bonding partnership for AI-systems interconnect.

Applied Materials announced October 26, 2026 an accelerated share purchase agreement to increase its stake in BE Semiconductor Industries (Besi) to approximately 20% of outstanding shares, complementing an initial investment made in April 2025. The transaction, subject to Hart-Scott-Rodino review, reflects Applied's strategic commitment to hybrid bonding and next-generation interconnect architectures as critical enablers of AI compute performance. Besi has joined Applied's EPIC Center as an Innovation Partner, expanding co-development into 3D IC scaling, logic-memory integration, and die-integration platforms.

Tone: bullish

Revenue

$28.4B

AMAT 10-K · FY 2025

Revenue FY2024

$27.2B

Headquarters

Santa Clara, CA

Profile

AMAT 10-K Item 1 · Dec 12, 2025

Applied Materials is the world's largest supplier of semiconductor manufacturing equipment, providing capital equipment, services, and software to chipmakers and display manufacturers globally. The company operates two reportable segments — Semiconductor Systems and Applied Global Services — and derives approximately 89% of revenue from customers outside the United States. Its products enable critical chip fabrication steps including etch, deposition, metrology, inspection, and packaging.

Read filing description ↓

We provide equipment, services and software to the semiconductor and related industries. Our customers include manufacturers of semiconductor wafers and chips and other electronic devices. Our customers' products are used in a wide variety of products such as personal computing devices, mobile phones, artificial intelligence (AI) and data center servers, automobiles, connected devices, industrial applications and consumer electronics. Each of our segments is subject to variable industry conditions, as demand for equipment and services can change depending on supply and demand for chips and other electronic devices, as well as other factors, such as global economic, political and market conditions, and the nature and timing of technological advances in fabrication processes. Our strategic priorities include developing products that help solve customers' challenges at technology inflections, growing our service business, and expanding our served market opportunities in the semiconductor industry. Our long-term growth strategy requires continued development of new materials engineering capabilities, including products and platforms that enable expansion into new and adjacent markets. Our significant investments in research, development and engineering (RD&E) are intended to enable us to deliver new products and technologies before the emergence of strong demand, allowing customers to incorporate these products into their manufacturing plans during early-stage technology selection. We collaborate closely with our global customers to design systems and processes to meet their technical and production requirements. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment provides integrated solutions to optimize equipment and fab performance and productivity, including spares, upgrades, services, 200 millimeter and other equipment and factory automation software for semiconductor and other products.

Primary products

  • Etch equipment
  • Rapid thermal processing equipment
  • Deposition equipment
  • Chemical mechanical planarization equipment
  • Metrology and inspection equipment
  • Wafer packaging equipment

Business segments

Semiconductor Systems Applied Global Services

End markets

Foundry, logic and other Dynamic random-access memory (DRAM) Flash memory (NAND) Display Personal computing devices Mobile phones AI and data center servers Automobiles Connected devices Industrial applications Consumer electronics

Geographies

United States China Korea Taiwan Japan Europe Southeast Asia

Revenue commentary · FY 2025

Net revenue in fiscal 2025 increased as compared to the prior year, with Semiconductor Systems up 4%, Applied Global Services up 3%, and Corporate and Other up 14%.

The rest of AMAT is for subscribers

Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

SeventhBiz analysis 6 signals 9 diligence answers 3 M&A transactions SWOT