AMAT

Applied Materials Price

AMAT
$445.90
+$9.34(+2.13%)

*Data last updated: 2026-05-11 14:59 (UTC+8)

As of 2026-05-11 14:59, Applied Materials (AMAT) is priced at $445.90, with a total market cap of $345.50B, a P/E ratio of 26.57, and a dividend yield of 0.42%. Today, the stock price fluctuated between $430.12 and $450.50. The current price is 3.66% above the day's low and 1.02% below the day's high, with a trading volume of 8.16M. Over the past 52 weeks, AMAT has traded between $154.46 to $450.50, and the current price is -1.02% away from the 52-week high.

AMAT Key Stats

Yesterday's Close$410.64
Market Cap$345.50B
Volume8.16M
P/E Ratio26.57
Dividend Yield (TTM)0.42%
Dividend Amount$0.53
Diluted EPS (TTM)9.88
Net Income (FY)$6.99B
Revenue (FY)$28.36B
Earnings Date2026-05-14
EPS Estimate2.68
Revenue Estimate$7.68B
Shares Outstanding841.37M
Beta (1Y)1.654
Ex-Dividend Date2026-05-21
Dividend Payment Date2026-06-11

About AMAT

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.
SectorTechnology
IndustrySemiconductors
CEOGary E. Dickerson
HeadquartersSanta Clara,CA,US
Employees (FY)36.50K
Average Revenue (1Y)$777.20K
Net Income per Employee$191.72K

Applied Materials (AMAT) FAQ

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Applied Materials (AMAT) is currently trading at $445.90, with a 24h change of +2.13%. The 52-week trading range is $154.46–$450.50.

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Hot Posts About Applied Materials (AMAT)

LootboxPhobia

LootboxPhobia

10 hours ago
Bloomberg News has learned that Applied Materials (AMAT.US) is scheduled to release its second-quarter earnings report on Thursday, May 14. Currently, Wall Street holds a highly optimistic outlook for Applied Materials' performance growth, generally expecting its earnings per share to fall within the range of $2.66 to $2.68, with revenue potentially reaching $7.83 billion. The company previously provided guidance for the second fiscal quarter with revenue between $7.15 billion and $8.15 billion, and earnings per share between $2.44 and $2.84. As the company is at the top of the supply chain, its earnings guidance not only relates to its own valuation rationality but also directly reveals the capital expenditure intensity of giants like Intel and TSMC in the next-generation chip manufacturing field. The core focus of this quarter’s earnings report is on the deep transmission of AI hardware dividends from logic chips to advanced packaging fields. As high-performance computing drives explosive demand for high-bandwidth memory (HBM), the manufacturing focus of AI chips has shifted beyond process miniaturization to the complexity of heterogeneous integration. Market analysis indicates that Applied Materials’ extremely high market share in advanced packaging equipment makes it the biggest beneficiary of this structural growth wave. Investors are closely watching specific data on the order growth rate of packaging business in the earnings report to verify whether the AI wave has indeed transitioned from a single computational power explosion to sustained demand for manufacturing equipment, thereby providing the company with longer-term revenue momentum. Meanwhile, a technological revolution in the underlying architecture of semiconductors is providing new profit growth points for Applied Materials. As leading foundries like Intel and TSMC advance toward 2nm and below process nodes, traditional transistor architectures are transforming into fully surrounding gate four-terminal (GAA) architectures. Applied Materials’ management previously revealed that the introduction of GAA technology would significantly increase device sales per wafer by about $1 billion. Therefore, the speed of conversion of GAA-related orders in this quarter’s report will be a key indicator of its profitability certainty over the next two to three years. Coupled with recent rumors of Intel and Apollo Global Management reaching a $11 billion financing deal, Applied Materials’ order backlog in the high-end logic chip market is viewed as having stronger financial backing. Analysts optimistic about Applied Materials capitalizing on chip expansion dividends On the eve of the earnings release, senior columnist and macro analyst Jack Bowman of Seeking Alpha systematically reviewed Applied Materials’ investment logic and issued a “Buy” rating—though he admits that the current price is somewhat high for individuals, and prefers to re-enter if the stock price drops after the earnings report. Bowman positions Applied Materials as the “pick and shovel” seller in the semiconductor field. He points out that Applied Materials’ logic aligns with his long-held view of ASML (ASML.US): not pursuing short-term explosive stock price, but aiming for long-term victory. The key to “pick and shovel” type investments is not about being the fastest starter but about surviving cycles and lasting until the end. In his view, the biggest highlight for Applied Materials is a catalyst that the market has not fully priced in: Apple (AAPL.US) and Intel (INTC.US) reaching an agreement to produce iPhone chips domestically in the U.S. Transforming existing wafer fabs or building new production lines will require a large amount of new equipment, which is Applied Materials’ main business. More critically, Intel’s existing wafer fabs do not produce mobile chips, meaning this will be a new incremental demand rather than a replacement of existing capacity. Bowman specifically mentions that this wave of growth has a clear political dimension, with the fact that the government directly holds shares in Intel also playing a role in boosting confidence. In addition to the Apple-Intel deal, Bowman believes Applied Materials will also benefit from broader structural trends. Its equipment covers the entire chip market—robots, autonomous vehicles, DRAM, high-bandwidth memory (HBM), and other storage components, almost everywhere. Global memory manufacturers and packaging companies are in a frantic expansion phase, with supply shortages and demand surges being a comprehensive positive for Applied Materials. However, Bowman’s most focused core indicator for the earnings report is not revenue but profit margins. He explicitly states that Applied Materials’ operating profit margin has been relatively stagnant over the past year, but with the booming memory business, this situation is changing. If Q2 operating profit margin can rebound to above 34%, he will directly upgrade his rating to “Strong Buy.” Applied Materials’ “Valuation Play” The market currently expects Q2 revenue of $7.83 billion, higher than the company’s own guidance median of $7.65 billion; earnings per share are expected at $2.71, also above the previous guidance of $2.68. Bowman’s analysis suggests that analysts have set a very high bar here—if Applied Materials performs according to its own targets, it may be difficult to meet analyst expectations, potentially disappointing the market. But he also points out that recent events such as memory shortages, ongoing construction of new and old wafer fabs, and the AI boom make him believe that the market’s over-optimistic pricing is justified. Financially, Bowman highly praises Applied Materials’ resilience. He cites data: over the past decade, the company has invested $25 billion in R&D and $8 billion in capital expenditures, distributing 90% of excess free cash flow to shareholders, with a compound annual dividend growth rate of 16%. Cash and cash equivalents exceed long-term debt, and its balance sheet is sufficient to support potential acquisitions. In his view, in an era where everyone is shouting “bubble,” Applied Materials possesses financial buffers that many other semiconductor companies lack—meaning it does not have the dazzling growth signals, but even if the bubble bursts, it could maintain growth over the long term. However, Bowman also issues a clear risk warning. Applied Materials’ forward P/E ratio is close to 40, far above its three-year average of 22. He calls this the biggest danger signal before the earnings report—“Buying based on a 40x P/E ratio justified by the earnings report is very different from buying based on a 22x P/E ratio.” Ultimately, Bowman gives Applied Materials a “Buy” rating but adopts a conservative strategy: personally, he believes the current price is too high and has added Applied Materials to his watchlist, waiting for a post-earnings decline to re-enter; but for long-term investors, he suggests that if they are willing to endure short-term performance volatility, they could even buy before the earnings call. “Any semiconductor investor who intends to add pick and shovel exposure to their portfolio should definitely consider Applied Materials,” he writes.
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ICan_tUnderstandSOL

ICan_tUnderstandSOL

12 hours ago
After scanning semiconductor stocks with PEG, Micron surprisingly is the cheapest. PEG less than 1 usually indicates that growth is mispriced. PEG greater than 2 begins to enter the danger zone. Here are the PEG ratios of various companies: • $INTC approximately 2.8 times • $LRCX approximately 2.0 times • $KLAC approximately 2.0 times • $AMAT approximately 2.0 times • $ASML stock price about 1.7 times • $ALAB approximately 1.6 times • $ARM about 1.5 times • $ANET approximately 1.5 times • $LITE approximately 1.3 times • $TSM approximately 1.1 times • $CRDO approximately 1.0 times • $NVDA ~1.0x • $COHR approximately 0.9 times • Avago Technologies (AVGO) about 0.9 times • $AMD approximately 0.7 times • $SNDK approximately 0.7 times • $MRVL approximately 0.7 times • $AAOI approximately 0.6 times • $ON approximately 0.5 times • $MU approximately 0.4 times You read that right, Nvidia only has a 1x PEG, while Micron is at 0.4x. The lowest in the entire market. --- Speaking of this, I have to mention MU. Micron Technology, which makes memory. In many people's impression, memory is a cyclical, low-margin, tough business. But this time, the situation is a bit different. In just over two years, Micron's quarterly profit is expected to grow from about $2 billion to nearly $36 billion. An 18-fold increase. This is not a cyclical recovery; it’s a structural demand explosion. --- So the question is, why is Micron so impressive? Three words. AI, HBM, bottleneck. This happens when artificial intelligence turns memory into high-bandwidth memory (HBM), dynamic random-access memory (DRAM), and storage devices bottlenecks. GPT-5.5, Claude Opus 4.7, and Gemini 3 Pro are all working toward larger contexts, longer reasoning, and persistent proxy memory. In plain language, it means AI models are getting bigger and need more memory. And not just ordinary memory, but high-end HBM. HBM capacity is limited, and only a few manufacturers can produce HBM. No need to say more about Micron. What does this mean? It means memory has shifted from being a "commodity" in the past to a "strategic resource" now. Pricing power has moved from buyers to sellers. This is somewhat similar to the chip shortage in 2021, but the underlying logic is completely different. That was due to supply chain disruptions; this is a demand structural explosion. The market still seems to view Micron with old eyes. Thinking it’s a cyclical stock, expecting it to repeat the past, believing its high growth is unsustainable. But what if AI-driven memory demand is structural? What if HBM capacity bottlenecks can’t be solved in a year or two? What if Micron’s profit center has permanently moved to a higher level? Then a PEG of 0.4x isn’t cheap; it’s outrageous. --- Brothers, look at that PEG list, and there’s an interesting phenomenon. Traditional equipment giants LRCX, KLAC, AMAT are around 2.0x, while AI chip design companies NVDA, AMD are below 1.0x. What does this indicate? It shows that the market’s pricing logic has shifted from "who sells shovels" to "who struck gold." Equipment companies are shovels sellers—stable but with limited growth. Chip designers are miners of gold—risky but with high returns. And Micron, it’s both a shovel seller (DRAM, NAND) and a gold miner (HBM). Yet its valuation still stays in the shovel-selling range. This isn’t a pricing error; what is it? --- Not trying to recommend Micron, I just think, in an era where AI is changing everything, many traditional valuation frameworks are failing. The PEG indicator itself has limitations; it assumes growth is linear and sustainable, but the demand explosion driven by AI might be non-linear and phased. So when looking at PEG, you can’t just focus on the number. You need to understand the source of that growth, whether it’s cyclical or structural, and whether the market is still pricing new companies with old stories. Thanks to EFyurmIEQUITIES for the chart creation.
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