Market Summary
USD135.06+0.98
Market Closed0.73%
AMAT Alerts
AMAT Stock Price
AMAT RSI Chart
AMAT Valuation
AMAT Price/Sales (Trailing)
AMAT Profitability
AMAT Fundamentals
AMAT Revenue
AMAT Earnings
Price Action
52 Week Range
70.78154.54
(Low)(High)
Last 7 days
-1.4%
Last 30 days
-7.1%
Last 90 days
-6.4%
Trailing 12 Months
61.3%
AMAT Financial Health
AMAT Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for AMAT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-30 | Hill Brice | sold | -150,040 | 150 | -1,000 | svp, cfo |
2023-07-07 | Little Teri A. | sold | -1,420,000 | 142 | -10,000 | svp, clo |
2023-07-05 | Iannotti Thomas J | gifted | - | - | -500 | - |
2023-07-01 | Little Teri A. | sold (taxes) | -2,721,400 | 144 | -18,828 | svp, clo |
2023-06-09 | Deane Timothy M | gifted | - | - | -750 | gvp, applied global services |
2023-06-09 | Deane Timothy M | sold | -1,029,750 | 137 | -7,500 | gvp, applied global services |
2023-04-01 | Hill Brice | sold (taxes) | -1,301,020 | 122 | -10,592 | svp, cfo |
2023-03-20 | Nalamasu Omkaram | sold | -3,671,670 | 124 | -29,444 | senior vice president, cto |
2023-03-09 | McGill Yvonne | acquired | - | - | 2,050 | - |
2023-03-09 | Karsner Alexander | acquired | - | - | 2,050 | - |
Which funds bought or sold AMAT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | reduced | -82.6 | -1,003,050 | 258,293 | -% |
2023-09-26 | M Holdings Securities, Inc. | reduced | -39.38 | -128,000 | 318,000 | 0.07% |
2023-09-21 | Baystate Wealth Management LLC | reduced | -52.91 | -36,679 | 45,574 | -% |
2023-09-21 | Jefferies Group LLC | new | - | 711,153 | 711,153 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 56.71 | 257,548,000 | 562,685,000 | 0.36% |
2023-09-18 | CAPE ANN SAVINGS BANK | added | 2.61 | 463,518 | 2,697,550 | 1.79% |
2023-09-13 | CGC Financial Services, LLC | new | - | 28,908 | 28,908 | 0.02% |
2023-09-12 | Farther Finance Advisors, LLC | added | 2.81 | 63,206 | 364,385 | 0.08% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | added | 1,600 | 2,334 | 2,457 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 3,152,560 | 3,152,560 | 0.17% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AMAT Alerts
Schedule 13G FIlings of Applied Materials
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 8.73% | 73,671,156 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 8.2% | 69,254,574 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 1.7% | 15,471,214 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 8.23% | 73,139,429 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.1% | 71,870,124 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 5.0% | 46,137,348 | SC 13G/A | |
| Feb 12, 2021 | state street corp | 4.64% | 42,459,007 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.98% | 72,982,078 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 8.3% | 76,304,024 | SC 13G/A | |
| Feb 14, 2020 | price t rowe associates inc /md/ | 5.2% | 47,820,595 | SC 13G |
Recent SEC filings of Applied Materials
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 01, 2023 | 4 | Insider Trading | |
| Aug 30, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 24, 2023 | S-8 | Employee Benefits Plan | |
| Aug 24, 2023 | 10-Q | Quarterly Report | |
| Aug 17, 2023 | 8-K | Current Report | |
| Jul 11, 2023 | 4 | Insider Trading | |
| Jul 07, 2023 | 4 | Insider Trading | |
| Jul 07, 2023 | 144 | Notice of Insider Sale Intent | |
| Jul 05, 2023 | 4 | Insider Trading |
AMAT Fair Value
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Peers (Alternatives to Applied Materials)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 1.1T | 32.7B | -9.32% | 242.21% | 101.72 | 32.14 | 9.90% | 33.38% |
AVGO | 337.3B | 35.5B | -5.14% | 78.49% | 24.65 | 9.51 | 11.91% | 53.33% |
AMD | 158.3B | 21.9B | -4.42% | 46.00% | -6.3K | 7.24 | 1.39% | -100.80% |
INTC | 144.7B | 54.0B | 2.94% | 32.04% | -156.98 | 2.68 | -26.36% | -104.83% |
TXN | 143.6B | 18.8B | -6.26% | -0.81% | 18.68 | 7.63 | -3.94% | -10.38% |
FSLR | 16.9B | 3.0B | -10.27% | 19.88% | 108.32 | 5.67 | 20.63% | -17.29% |
LSCC | 11.5B | 722.9M | -7.65% | 70.35% | 56.18 | 15.92 | 23.44% | 50.75% |
| MID-CAP | ||||||||
AMKR | 5.6B | 6.9B | -16.37% | 35.27% | 9.59 | 0.8 | 6.33% | -16.28% |
POWI | 4.3B | 514.5M | -7.69% | 13.72% | 47.73 | 8.39 | -28.10% | -51.06% |
| SMALL-CAP | ||||||||
SGH | 1.2B | 1.7B | -2.42% | 46.34% | -45.63 | 0.69 | -7.23% | -137.93% |
ICHR | 895.1M | 1.1B | -10.23% | 21.95% | 39.66 | 0.84 | -8.91% | -64.16% |
AOSL | 796.2M | 691.3M | -4.10% | -10.12% | 64.39 | 1.15 | -11.09% | -97.27% |
CEVA | 450.5M | 122.0M | -13.71% | -27.58% | -14.51 | 3.69 | -9.27% | -3581.39% |
MX | 320.3M | 250.2M | -0.25% | -24.07% | -8.08 | 1.28 | -43.50% | -156.17% |
Applied Materials News
Returns for AMAT
Cumulative Returns on AMAT
24.3%
10-Year Cumulative Returns
25.5%
7-Year Cumulative Returns
29.9%
5-Year Cumulative Returns
33.3%
3-Year Cumulative Returns
Risks for AMAT
What is the probability of a big loss on AMAT?
70.8%
Probability that Applied Materials stock will be more than 20% underwater in next one year
61.9%
Probability that Applied Materials stock will be more than 30% underwater in next one year.
46.5%
Probability that Applied Materials stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AMAT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Applied Materials was unfortunately bought at previous high price.
Drawdowns
Financials for Applied Materials
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
| Revenue | -0.4% | 26,543 | 26,638 | 26,253 | 25,785 | 25,159 | 24,835 | 24,172 | 23,063 | 21,628 | 19,827 | 18,202 | 17,202 | 16,268 | 15,435 | 15,017 | 14,608 | 14,613 | 15,213 | 16,253 | 16,705 | 16,915 |
| Gross Profit | -0.2% | 12,316 | 12,346 | 12,179 | 11,993 | 11,837 | 11,798 | 11,524 | 10,914 | 10,099 | 9,087 | 8,183 | 7,692 | 7,196 | 6,798 | 6,579 | 6,386 | 6,409 | 6,716 | 7,242 | 7,517 | 7,647 |
| Operating Expenses | 2.0% | 4,639 | 4,547 | 4,397 | 4,205 | 4,029 | 3,901 | 3,942 | 4,025 | 3,941 | 3,834 | 3,577 | 3,327 | 3,250 | 3,158 | 3,095 | 3,036 | 3,032 | 3,048 | 3,058 | 3,026 | 2,961 |
| S&GA Expenses | 1.7% | 767 | 754 | 733 | 703 | 675 | 654 | 629 | 609 | 585 | 556 | 538 | 526 | 524 | 522 | 525 | 521 | 519 | 529 | 526 | 521 | 500 |
| R&D Expenses | 2.1% | 3,039 | 2,977 | 2,888 | 2,771 | 2,667 | 2,602 | 2,533 | 2,485 | 2,423 | 2,355 | 2,288 | 2,234 | 2,189 | 2,132 | 2,090 | 2,054 | 2,058 | 2,048 | 2,049 | 2,022 | 1,976 |
| EBITDA | -100.0% | - | 8,261 | 8,327 | 8,271 | 8,310 | 8,420 | 8,090 | 7,401 | 6,632 | 5,692 | 5,019 | 4,782 | 4,374 | 4,108 | 3,991 | 3,869 | 3,933 | 4,250 | 4,762 | 5,087 | 5,268 |
| EBITDA Margin | -100.0% | - | 0.31* | 0.32* | 0.32* | - | 0.34* | 0.33* | 0.32* | 0.31* | 0.29* | 0.28* | 0.28* | 0.27* | 0.27* | 0.27* | 0.26* | 0.27* | 0.28* | 0.29* | 0.30* | 0.31* |
| Interest Expenses | 1.7% | 237 | 233 | 230 | 228 | 228 | 229 | 232 | 236 | 238 | 242 | 242 | 240 | 240 | 237 | 236 | 237 | 238 | 239 | 235 | 234 | 231 |
| Earnings Before Taxes | -0.7% | 7,493 | 7,548 | 7,635 | 7,599 | 7,656 | 7,775 | 7,456 | 6,771 | 6,008 | 5,068 | 4,401 | 4,166 | 3,763 | 3,505 | 3,386 | 3,269 | 3,304 | 3,599 | 4,101 | 4,396 | 4,680 |
| EBT Margin | -100.0% | - | 0.28* | 0.29* | 0.29* | - | 0.31* | 0.31* | 0.29* | 0.28* | 0.26* | 0.24* | 0.24* | 0.23* | 0.23* | 0.23* | 0.22* | 0.23* | 0.24* | 0.25* | 0.26* | 0.27* |
| Net Income | -0.7% | 6,443 | 6,489 | 6,450 | 6,525 | 6,646 | 6,756 | 6,550 | 5,888 | 5,307 | 4,432 | 3,857 | 3,619 | 3,186 | 2,916 | 2,827 | 2,706 | 2,765 | 3,210 | 3,644 | 3,038 | 3,263 |
| Net Income Margin | -100.0% | - | 0.24* | 0.25* | 0.25* | - | 0.27* | 0.27* | 0.26* | 0.25* | 0.22* | 0.21* | 0.21* | 0.20* | 0.19* | 0.19* | 0.19* | 0.20* | 0.22* | 0.23* | 0.19* | 0.19* |
| Free Cashflow | -100.0% | - | 5,913 | 4,081 | 4,612 | 4,920 | 5,210 | 5,988 | 4,774 | 4,985 | 4,216 | 3,797 | 3,382 | 2,958 | 2,872 | 2,990 | 2,806 | 2,989 | 2,795 | 2,603 | 3,165 | 2,838 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
| Assets | 4.5% | 30,410 | 29,092 | 27,959 | 26,726 | 26,161 | 25,459 | 25,428 | 25,825 | 24,479 | 24,085 | 23,305 | 22,353 | 21,171 | 21,815 | 19,767 | 19,024 | 18,805 | 18,775 | 18,922 | 17,633 | 17,883 |
| Current Assets | 6.2% | 18,879 | 17,773 | 16,715 | 15,925 | 15,434 | 15,244 | 15,707 | 16,107 | 15,248 | 14,971 | 14,269 | 13,369 | 12,248 | 12,735 | 10,769 | 10,206 | 10,042 | 10,062 | 10,285 | 10,604 | 10,889 |
| Cash Equivalents | 31.3% | 6,025 | 4,588 | 3,547 | 1,995 | 2,956 | 3,331 | 5,264 | 5,101 | 6,066 | 6,305 | 6,213 | 5,351 | 4,350 | 5,281 | 3,424 | 3,129 | 3,014 | 3,116 | 3,192 | 3,440 | 3,374 |
| Inventory | -2.2% | 5,809 | 5,940 | 6,054 | 5,932 | 5,506 | 5,009 | 4,526 | 4,309 | 4,117 | 4,053 | 3,925 | 3,904 | 3,952 | 3,725 | 3,472 | 3,474 | 3,539 | 3,677 | 3,703 | 3,721 | 3,681 |
| Net PPE | 1.8% | 2,604 | 2,559 | 2,494 | 2,307 | 2,194 | 2,071 | 1,974 | 1,934 | 1,814 | 1,768 | 1,638 | 1,604 | 1,530 | 1,534 | 1,555 | 1,529 | 1,513 | 1,494 | 1,456 | 1,407 | 1,321 |
| Goodwill | 0.6% | 3,732 | 3,711 | 3,718 | 3,700 | 3,713 | 3,479 | 3,479 | 3,479 | 3,479 | 3,479 | 3,479 | 3,466 | 3,474 | 3,426 | 3,399 | 3,399 | 3,399 | 3,399 | 3,368 | 3,368 | 3,368 |
| Liabilities | 2.4% | 15,317 | 14,963 | 14,539 | 14,532 | 14,091 | 13,880 | 13,538 | 13,578 | 12,419 | 12,092 | 11,832 | 11,775 | 11,602 | 12,791 | 11,107 | 10,810 | 10,689 | 10,574 | 10,713 | 10,788 | 11,058 |
| Current Liabilities | 4.5% | 8,224 | 7,871 | 7,250 | 7,379 | 6,833 | 6,650 | 6,264 | 6,344 | 5,125 | 4,822 | 4,504 | 4,459 | 4,285 | 4,765 | 4,569 | 4,447 | 3,785 | 3,605 | 3,776 | 3,922 | 4,322 |
| Short Term Borrowings | 0% | 199 | 199 | 199 | - | - | - | - | - | - | - | - | - | - | - | - | 600 | - | - | - | - | - |
| LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 600 | 600 | 600 | - | - | - | - | - |
| LT Debt, Non Current | 0.0% | 5,460 | 5,459 | 5,458 | 5,457 | 5,456 | 5,455 | 5,454 | 5,452 | 5,451 | 5,450 | 5,449 | 5,448 | 5,447 | 6,215 | 4,714 | 4,713 | 5,312 | 5,311 | 5,310 | 5,309 | 5,308 |
| Shareholder's Equity | 6.8% | 15,093 | 14,129 | 13,420 | 12,194 | 12,070 | 11,579 | 11,890 | 12,247 | 12,060 | 11,993 | 11,473 | 10,578 | 9,569 | 9,024 | 8,660 | 8,214 | 8,116 | 8,201 | 8,209 | 6,845 | 6,950 |
| Retained Earnings | 3.2% | 41,988 | 40,696 | 39,389 | 37,892 | 36,520 | 35,137 | 33,827 | 32,246 | 30,748 | 29,247 | 28,137 | 27,209 | 26,278 | 25,638 | 25,085 | 24,386 | 23,880 | 23,502 | 23,032 | 20,880 | 20,191 |
| Additional Paid-In Capital | 1.2% | 8,914 | 8,811 | 8,605 | 8,593 | 8,398 | 8,306 | 8,130 | 8,247 | 8,090 | 8,022 | 7,869 | 7,904 | 7,754 | 7,687 | 7,550 | 7,595 | 7,460 | 7,396 | 7,265 | 7,274 | 7,145 |
| Shares Outstanding | -0.6% | 838 | 843 | 845 | 844 | 864 | 878 | 889 | 892 | 908 | 918 | 915 | 914 | 915 | 917 | 916 | 916 | 929 | 942 | 957 | 967 | 994 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
| Cashflow From Operations | 16.2% | 8,002 | 6,888 | 5,011 | 5,399 | 5,690 | 5,907 | 6,679 | 5,442 | 5,609 | 4,790 | 4,238 | 3,804 | 3,315 | 3,235 | 3,400 | 3,247 | 3,498 | 3,344 | 3,155 | 3,787 | 3,419 |
| Share Based Compensation | 4.2% | 474 | 455 | 443 | 413 | 388 | 374 | 357 | 346 | 345 | 334 | 321 | 307 | 300 | 297 | 291 | 263 | 262 | 259 | 258 | 258 | 251 |
| Cashflow From Investing | 13.4% | -1,236 | -1,427 | -1,518 | -1,357 | -1,754 | -1,332 | -1,138 | -1,216 | -770 | -568 | -184 | -130 | -75.00 | -245 | -539 | -443 | -486 | -998 | -847 | 571 | 171 |
| Cashflow From Financing | 12.1% | -3,693 | -4,201 | -5,209 | -7,043 | -7,050 | -7,553 | -6,500 | -4,591 | -3,130 | -3,205 | -1,150 | -1,337 | -1,789 | -710 | -2,629 | -3,115 | -3,372 | -4,100 | -5,915 | -5,928 | -5,494 |
| Dividend Payments | 4.8% | 930 | 887 | 879 | 873 | 866 | 860 | 851 | 838 | 822 | 805 | 796 | 787 | 781 | 775 | 771 | 771 | 772 | 775 | 691 | 605 | 517 |
| Buy Backs | -15.8% | 2,989 | 3,550 | 4,550 | 6,103 | 6,103 | 6,603 | 5,553 | 3,750 | 2,300 | 1,000 | 449 | 649 | 1,099 | 1,427 | 1,853 | 2,403 | 2,654 | 3,376 | 5,251 | 5,283 | 4,917 |
AMAT Income Statement
2023-07-30Consolidated Condensed Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jul. 30, 2023 | Jul. 31, 2022 | Jul. 30, 2023 | Jul. 31, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 6,425 | $ 6,520 | $ 19,794 | $ 19,036 |
| Cost of products sold | 3,449 | 3,514 | 10,579 | 10,144 |
| Gross profit | 2,976 | 3,006 | 9,215 | 8,892 |
| Operating expenses: | ||||
| Research, development and engineering | 767 | 705 | 2,313 | 2,045 |
| Marketing and selling | 193 | 180 | 584 | 520 |
| General and administrative | 214 | 197 | 635 | 537 |
| Severance and related charges | 0 | 0 | 0 | (4) |
| Total operating expenses | 1,174 | 1,082 | 3,532 | 3,098 |
| Income from operations | 1,802 | 1,924 | 5,683 | 5,794 |
| Interest expense | 60 | 56 | 180 | 171 |
| Interest and other income (expense), net | 64 | (7) | 41 | 27 |
| Income before income taxes | 1,806 | 1,861 | 5,544 | 5,650 |
| Provision for income taxes | 246 | 255 | 692 | 716 |
| Net income | $ 1,560 | $ 1,606 | $ 4,852 | $ 4,934 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 1.86 | $ 1.86 | $ 5.76 | $ 5.63 |
| Diluted (in dollars per share) | $ 1.85 | $ 1.85 | $ 5.73 | $ 5.59 |
| Weighted average number of shares: | ||||
| Basic (in shares) | 838 | 864 | 842 | 877 |
| Diluted (in shares) | 843 | 869 | 846 | 883 |
AMAT Balance Sheet
2023-07-30Consolidated Condensed Balance Sheets - USD ($) $ in Millions | Jul. 30, 2023 | Oct. 30, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 6,025 | $ 1,995 |
| Short-term investments | 510 | 586 |
| Accounts receivable, net | 5,230 | 6,068 |
| Inventories | 5,809 | 5,932 |
| Other current assets | 1,305 | 1,344 |
| Total current assets | 18,879 | 15,925 |
| Long-term investments | 2,177 | 1,980 |
| Property, plant and equipment, net | 2,604 | 2,307 |
| Goodwill | 3,732 | 3,700 |
| Purchased technology and other intangible assets, net | 305 | 339 |
| Deferred income taxes and other assets | 2,713 | 2,475 |
| Total assets | 30,410 | 26,726 |
| Current liabilities: | ||
| Short-term debt | 199 | 0 |
| Accounts payable and accrued expenses | 4,528 | 4,237 |
| Contract liabilities | 3,497 | 3,142 |
| Total current liabilities | 8,224 | 7,379 |
| Long-term debt | 5,460 | 5,457 |
| Income taxes payable | 818 | 964 |
| Other liabilities | 815 | 732 |
| Total liabilities | 15,317 | 14,532 |
| Stockholders’ equity: | ||
| Common stock | 8 | 8 |
| Additional paid-in capital | 8,914 | 8,593 |
| Retained earnings | 41,988 | 37,892 |
| Treasury stock | (35,594) | (34,097) |
| Accumulated other comprehensive loss | (223) | (202) |
| Total stockholders’ equity | 15,093 | 12,194 |
| Total liabilities and stockholders’ equity | $ 30,410 | $ 26,726 |
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.