Applied Materials (AMAT -0.83%) is a linchpin of the semiconductor market. It's one of the world's top suppliers of chip manufacturing equipment, and it serves a broad range of customers across the foundry, logic, and memory chip markets. Its major customers include Taiwan Semiconductor Manufacturing, Samsung, Intel, and Micron Technology.Over the past 10 years, Applied Materials' stock has rallied nearly 600%. From fiscal 2014 to fiscal 2024 (which ended this October), its revenue grew at a compound annual ...

Core Insights - Applied Materials is expanding its EPIC innovation platform to accelerate the commercialization of advanced chip packaging technologies [1][4] - The semiconductor industry is experiencing growth due to the rise in connected devices and AI, but faces challenges related to energy consumption [2][3] - Advanced packaging technologies are essential for improving energy efficiency in AI chips, with a focus on collaboration among industry leaders [3][4] Industry Overview - The chip industry is witnessing tremendous growth opportunities driven by the increase in connected devices and AI [2] - Energy consumption is a significant challenge, necessitating advanced packaging and heterogeneous integration to enhance system performance [2][3] Company Strategy - The EPIC Advanced Packaging strategy aims to foster co-innovation and improve the development and commercialization of foundational packaging technologies [4] - Applied Materials is leveraging a global network of innovation centers to provide early access to next-generation technologies for chipmakers and system designers [4][5] Collaboration and Summit - A summit was held in Singapore, bringing together over two dozen R&D leaders from various semiconductor companies and research institutions to discuss advancements in chip packaging [1][6] - Participants included major companies like AMD, Intel, and TSMC, as well as institutions like the National University of Singapore [6] Technological Focus - Advanced packaging technologies such as micro-bumps, through-silicon vias (TSVs), and silicon interposers are critical for the next generation of AI chips [3] - The industry is developing new packaging building blocks to enhance interconnect density and bandwidth [3]

Core Insights - Applied Materials (AMAT) reported total revenue of $7.05 billion for the quarter ending October 2024, reflecting a year-over-year increase of 4.8% [4] International Revenue Breakdown - Japan contributed $581 million, accounting for 8.25% of total revenue, slightly below the consensus estimate of $582.09 million, and down from $681 million (10.13%) in the same quarter last year [5] - Korea generated $1.17 billion, representing 16.64% of total revenue, exceeding expectations of $1.05 billion, and up from $745 million (11.08%) year-over-year [6] - Southeast Asia's revenue was $314 million, making up 4.46% of total revenue, surpassing the projected $256.58 million, and significantly up from $168 million (2.50%) in the previous year [7] - China accounted for $2.14 billion, or 30.32% of total revenue, which was below the expected $2.83 billion, and down from $2.96 billion (44.07%) in the same quarter last year [8] - Europe contributed $405 million, representing 5.75% of total revenue, exceeding the expected $382 million, and down from $441 million (6.56%) year-over-year [9] - Taiwan's revenue was $1.28 billion, accounting for 18.23% of total revenue, significantly exceeding expectations of $942.21 million, and up from $922 million (13.71%) in the previous year [10] Future Revenue Expectations - Analysts expect AMAT to report $7.15 billion in total revenue for the current fiscal quarter, a 6.6% increase year-over-year, with contributions from various regions projected as follows: Japan (7.9% or $561.98 million), Korea (16% or $1.14 billion), Southeast Asia (4% or $282.43 million), China (39.5% or $2.82 billion), Europe (5.2% or $370.35 million), and Taiwan (13.4% or $957.01 million) [11] - For the full year, total revenue is expected to reach $29.72 billion, reflecting a 9.4% increase from the previous year, with regional contributions projected as follows: Japan (7.9% or $2.35 billion), Korea (15.6% or $4.65 billion), Southeast Asia (4.2% or $1.25 billion), China (38.6% or $11.46 billion), Europe (5.1% or $1.52 billion), and Taiwan (14.2% or $4.21 billion) [12] Market Context - The dependency of AMAT on global markets for revenue presents both opportunities and challenges, making the monitoring of international revenue trends crucial for predicting future performance [13] - Financial analysts are increasingly focused on international developments to refine earnings estimates, which are influenced by various factors including local market conditions [14]

The Applied Materials NASDAQ: AMAT market capitulated following the Q4 results and guidance, cratering in premarket action to gap lower and open near break-even for the year. The capitulation was caused by lackluster guidance, but the bar was high, and Applied Materials failed to impress. The takeaway for investors is that this company is well-positioned for long-term growth, has sustained positive cash flow and capital returns, and is now trading at rock-bottom prices.  Applied Materials' focus on material ...

Core Viewpoint - The investment strategy focuses on fundamental, bottom-up analysis with an emphasis on long-term quality growth, targeting companies in niche markets with strong growth potential and reasonable valuations [1]. Group 1: Investment Strategy - The investment style is characterized by a fundamental approach, prioritizing quality growth-oriented companies [1]. - The portfolio typically consists of 15-20 stocks, emphasizing diversification, risk management, and macro-driven sector weights [1]. - The target annual return for the portfolio is set at 15% [1]. Group 2: Company Characteristics - Companies of interest are those specializing in niche markets with strong growth potential and solid management teams [1]. - A sound capital allocation policy is deemed essential for the companies targeted for investment [1].

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Shares of Applied Materials (AMAT -8.57%), the nation's biggest manufacturer of semiconductor equipment, dropped today after it offered disappointing guidance in its fourth-quarter earnings report due to weakness in China.The news had a similar effect on others in semiconductor manufacturing, including ASML, showing headwinds across the broad industry.As of 10:41 a.m. ET, the stock was down 8.5%. Still waiting for the cycle to turnApplied Materials, which makes a wide range of products used in semiconductor ...

Applied Materials (AMAT) ended fourth-quarter fiscal 2024 on a strong note by reporting better-than-expected results. Fourth-quarter non-GAAP earnings of $2.32 per share surpassed the Zacks Consensus Estimate by 6.4% and improved 9% year over year.AMAT’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 7.5%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Applied Materials’ fourth-quarter fiscal 2024 revenues of $7.05 billion ...

Applied Materials, Inc. (NASDAQ:AMAT) stepped into and out of the earnings confessional after last night's close, where the semiconductor giant reported better-than-expected fiscal fourth-quarter results and a sunny outlook for adjusted earnings per share. The chip stock was last seen 7.9% lower at $171.29, however, after the firm forecasted disappointing fiscal first-quarter revenue guidance, now expecting $7.15 billion -- down from the $7.224 billion that analysts anticipated. The upbeat results were driv ...

Applied Materials, Inc. AMAT reported better-than-expected fourth-quarter results after Thursday's closing bell. Applied Materials reported quarterly earnings of $2.32 per share, which beat the analyst consensus estimate of $2.19. Quarterly revenue clocked in at $7.05 billion, which beat the analyst consensus estimate of $6.95 billion and is an increase over sales of $6.72 billion from the same period last year. "Applied Materials' technology leadership and strong execution drove record Q4 and fiscal 2024 p ...