Applied Materials

Applied Materials sells deposition, etch, and other wafer-fabrication tools used across nearly every stage of chipmaking, plus services. It is the largest semiconductor equipment vendor by revenue globally. In FY2025 (ended Oct 26, 2025) it reported record revenue of $28.4 billion.

Ecosystem functionBroadest semicap product portfolio, giving it exposure across logic, memory, and advanced packaging capex cycles.

Business modelSells wafer fab equipment and services