Applied Materials, Inc. (NASDAQ:AMAT) Goldman Sachs Communacopia and Technology Conference Call September 11, 2024 5:25 PM ET Company Participants Gary Dickerson - President and Chief Executive Officer Conference Call Participants Toshiya Hari - Goldman Sachs Toshiya Hari All right. Great. Good afternoon, everyone. Thank you so much for coming. My name is Toshiya Hari, I cover the semiconductor and semi-cap equipment space at Goldman Sachs. Very honored, very excited to have Gary Dickerson, President and CE ...

Company and Industry Overview * **Company**: Applied Materials, Inc. (NASDAQ: AMAT) * **Industry**: Semiconductor and semiconductor equipment * **Key Executive**: Gary Dickerson, President and CEO * **Industry Focus**: Energy-efficient computing, AI, EDGE, IoT, Industrial Automation, Robotics, EVs, Autonomous Vehicles, Renewable Energy Core Points and Arguments * **Industry Focus**: The semiconductor industry is currently focused on energy-efficient computing, driven by AI, EDGE, IoT, and other technologies. Datacenter wafer starts will surpass PCs and smartphones in the next few years. * **Market Growth**: The wafer fab equipment market is expected to reach $1 trillion in the future, with a compound annual growth rate of mid-teens or higher. Applied Materials is well-positioned to outgrow the overall market due to its leadership in key technologies. * **Key Technologies**: * **Gate-All-Around**: Applied Materials is leading in the development of Gate-All-Around technology, which offers a 30% improvement in energy-efficient computing. This technology generates about $2.5 billion in revenue for Applied Materials this year, with the potential to double next year. * **Backside Power**: This technology moves power lines from the front side of the wafer to the backside, offering up to 30% area savings and over 20% improvement in energy-efficient computing. * **DRAM**: Applied Materials has gained 10 points of DRAM share over the last 10 years and is well-positioned to capture more than 50% of the 4F-Squared technology inflection, which is expected to drive additional demand in DRAM and compute memory. * **Advanced Packaging**: Applied Materials has seen its Advanced Packaging business grow from $500 million to $1.7 billion in the past few years and expects it to double again over the next few years. * **Integrated Solutions**: Applied Materials has grown its integrated solutions business from 20% to 30% of revenue, offering a unique and connected portfolio of technologies that enable customers to move data efficiently through complex chip designs. * **Services**: Applied Materials' services business, which accounts for about 20% of revenue, has seen year-over-year growth for 20 consecutive quarters. The company is focused on driving service innovations to help customers optimize their processes and reduce costs. * **AI**: Applied Materials is using AI in various areas, including R&D, product development, operations, and supply chain. AI is expected to drive significant gains in productivity and enable the company to double its size over the next few years. Other Important Points * **China**: China represents about 32% of Applied Materials' revenue and is a key market for ICAPS technologies. The company expects the Chinese market to grow at a mid-to-high single-digit compound annual growth rate. * **Competitive Advantage**: Applied Materials' competitive advantage lies in its unique and connected portfolio of technologies, its ability to co-innovate with customers, and its focus on energy-efficient computing. * **Future Outlook**: Gary Dickerson is optimistic about the future of Applied Materials and the semiconductor industry, noting the company's focus on enabling magical innovations that will drive growth and value creation.

The semiconductor market is trying to stage a comeback after suffering for most of 2023. Higher demand for semiconductors across a large number of industries and the ongoing enthusiasm surrounding artificial intelligence (AI), especially generative, has been boosting sales.Given this situation, investing in semiconductor stocks like Taiwan Semiconductor Manufacturing Company Limited (TSM) , NVIDIA Corporation (NVDA) Applied Materials, Inc. (AMAT) , and Semtech Corporation (SMTC) will be a wise decision.Semi ...

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Applied Materials, Inc. (NASDAQ:AMAT) Citi 2024 Global TMT Conference September 4, 2024 9:10 AM ET Company Participants Brice Hill – Senior Vice President, Chief Financial Officer and Global Information Services Conference Call Participants Atif Malik – Citi Atif Malik [Call Starts Abruptly] one of Citi Global TMT Conference. My name is Atif Malik. I cover U.S. semiconductors, semiconductor equipment and networking equipment stocks at Citi. It's my pleasure to welcome Brice Hill, Senior Vice President and C ...

Mr. Ducrot brings strong customer relationships and business development expertise during an exciting time for the semiconductor industryGRENOBLE, France, Sept. 4, 2024 /PRNewswire/ -- Applied Materials, Inc. today announced Florent Ducrot, Vice President and General Manager, to serve as the Head of European Operations. Mr. Ducrot has more than three decades of experience in the semiconductor industry, spanning marketing, service and business development. During his 21 years at Applied Materials, he has led ...

Applied Materials (AMAT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of chipmaking equipment have returned +8.5% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Semiconductor Equipment - Wafer Fabrication industry, to which Applied Materials belongs, has gained 2.1% over this period. Now the key question is: Where could the stock ...

Applied Materials (AMAT) has seen a 9.1% decrease in its share price over the past month, which has left many investors questioning whether it is the time to buy the dip.This drop compares unfavorably with the industry’s fall of 7.6%, the Zacks Computer and Technology sector’s growth of 0.2% and the S&P 500’s return of 1%.Despite reporting impressive third-quarter fiscal 2024 results, the company is facing significant challenges due to market volatility, high inflation and geo-political tensions.One-Month P ...

SHANGHAI, CHINA - NOVEMBER 6, 2023 - A Micron logo is seen at the 6th CIIE 2023 in Shanghai, China, ... [+] November 6, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesMicron Technology (NASDAQ: MU) stock has dropped more than 25% in the last two months after a brisk 50% growth in the first half of the year. This trend largely mirrors movements in stock price for the company’s peer in the semiconductor industry Applied Materials (NASDAQ: AMAT) - whi ...

RADNOR, Pa., Aug. 27, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Applied Materials, Inc. (NASDAQ: AMAT) ("Applied Materials").On November 16, 2023, Reuters reported that Applied Materials was under criminal investigation by the U.S. Justice Department for potentially evading export restrictions on China's top chipmaker, SMIC. On this news, Applied Materials' st ...