Applied Materials

An American company called Applied Materials, Inc. provides tools, services, and software for the production of solar products, flat-panel displays for computers, cellphones, and televisions, as well as semiconductor (integrated circuit) chips for electronics. The business, which is essential to Silicon Valley's development, also provides machinery for making coatings for flexible electronics, packaging, and other uses. The business's main office is in Santa Clara, California.

Michael A. McNeilly and others founded Applied Materials in 1967, and the company went public in 1972. The company diversified during the following years until James C. Morgan took over as CEO in 1976 and shifted the company's emphasis back to its primary market of equipment for semiconductor manufacture. Sales rose by 17% in 1978.

The market capitalization of Applied Materials as of March 2023 was $101.75 billion. By market cap, this places Applied Materials as the 133rd most valuable company in the world. The most recent financial reports for Applied Materials show that the company's current revenue (TTM) is $26.25 billion. The corporation generated $25.78 billion in revenue in 2022, an increase from $23.06 billion in revenue in 2021.

Founded: November 10, 1967
Headquarter: Santa Clara, California, U.S.
Market cap: $101.75 Billion
Revenue in 2022 (TTM): $19.04 B
Website: www.appliedmaterials.com