AMAT — Applied Materials, Inc.

Technology · Semiconductor Equipment & Materials

What AMAT does

Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments.

Place in the AI trade

Semiconductor equipment — the machines that make AI chips. A picks-and-shovels bet one level below the chipmakers themselves.

Key data · delayed ~15 min, as of 30 June 2026

TickerAMAT
CompanyApplied Materials, Inc.
Price$737.64
Market cap$583.15B
Sector / industryTechnology / Semiconductor Equipment & Materials
Performance1W +25.2% · 1M +62.9% · 1Y +303.5%
Analyst mean target$579 (35 analysts, strong_buy)

Valuation read

What the price implies: the market is pricing in roughly ~16%/yr earnings growth (moderate), on a reverse-DCF of forward earnings ($16.40). Run your own assumptions in the fair-value calculator.

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Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.