How to buy Applied Materials stock.
Applied Materials is the world's largest maker of wafer fabrication equipment. Every major chip fab expansion, from TSMC to Samsung to Intel, needs its deposition, etch, and inspection tools. AI-driven demand for advanced chips has accelerated fab capital investment, driving strong equipment orders at Applied Materials.
- Market cap
- $424.40B
- P/E ratio
- 50.3
- Revenue (TTM)
- $29.02B
- Revenue growth (YoY)
- +11.4%
- 52-week range
- $154.47 – $739.67
- Day range
- $497.10 – $523.00
- Volume
- 13.11M
- Analyst target
- $633.34
What Applied Materials does.
Applied Materials is the world's largest maker of wafer-fabrication equipment, with the broadest tool portfolio across deposition, etch, ion implantation, chemical-mechanical planarization, and inspection. Nearly every fab expansion, logic or memory, spends heavily with Applied, making it a diversified, one-step-removed beneficiary of AI-driven capex.
Its scale and breadth mean revenue tracks the overall wafer-fab equipment (WFE) cycle rather than any single customer or node. AI raises intensity in two ways: more leading-edge logic wafers and more HBM/DRAM capacity, both of which pull Applied's tools. A large services business on the installed base adds recurring revenue.
Business segments
- Semiconductor Systems
Deposition, etch, CMP, implant, and inspection tools.
- Applied Global Services
Service, parts, and upgrades, recurring.
- Display
Equipment for OLED/display manufacturing.
Key products
Why Applied Materials is an AI stock.
As TSMC and other fabs expand advanced-node capacity to meet AI chip demand, they buy more equipment from Applied Materials. Its equipment is used across multiple process steps in chip manufacturing, making it a broad beneficiary of any increase in semiconductor capital expenditure.
Applied Materials is in the Foundries and chip equipment category. The fabs and lithography tools that make advanced AI silicon possible. Capacity here constrains the whole industry.
Applied Materials in the AI ecosystem.
How Applied Materials connects to the rest of the AI supply chain: the companies it buys from, sells to, partners with, and competes against.
Applied Materials financials.
Key figures below are drawn from Applied Materials's most recent reporting (latest quarter ending April 30, 2026). Market cap, revenue, and analyst target are shown in the stats above.
| EPS (diluted, TTM) | $10.63 |
|---|---|
| Forward P/E | 33.1 |
| Gross profit (TTM) | $14.21B |
| Profit margin | 29.3% |
| Operating margin | 31.9% |
| Dividend yield | 0.4% |
| Beta | 1.62 |
| Shares outstanding | 793.96M |
Fundamentals sourced from Alpha Vantage, last refreshed August 15, 2026. Figures are for information only, not investment advice.
How to buy Applied Materials (AMAT) step by step.
- Choose a broker. Applied Materials trades on the NASDAQ under the ticker AMAT. Any broker with access to NASDAQ can execute the trade.
- Open and fund an account. Most brokers take 5-15 minutes to open an account. You will need to verify your identity. Minimum investments vary by broker.
- Search for AMAT. Once funded, search for the ticker symbol AMAT in your broker's platform and confirm you are looking at NASDAQ.
- Place your order. Select the number of shares or a dollar amount. Many brokers offer fractional shares from as little as $1. Review any fees before confirming.
- Monitor your position. Applied Materials's share price will move with broader market conditions and AI sector news. Use stop-loss orders if you want to limit downside.
Key facts.
| Ticker | AMAT |
|---|---|
| Exchange | NASDAQ |
| Category | Foundries and chip equipment |
| Market cap size | Large cap |
| Sector | TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS |
| Founded | 1967 |
| Headquarters | Santa Clara, California |
| CEO | Gary Dickerson |
| Employees | ~35,000 |
| Fiscal year end | October |
Applied Materials in the news
See all →Frequently asked questions.
How is Applied Materials related to AI?
Applied Materials supplies the equipment used to manufacture AI chips. When hyperscalers and chip companies invest in more fabrication capacity, Applied Materials earns from the equipment orders. It is a picks-and-shovels play one step removed from the chips themselves.