/Applied%20Materials%20Inc_%20mobile%20and%20computer%20logo-by%20vieimage%20via%20Shutterstock.jpg)
With a market cap of $126.6 billion, Applied Materials, Inc. (AMAT) engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. Headquartered in Santa Clara, California, the company operates through three segments: Semiconductor Systems, Applied Global Services, and Display.
The company has underperformed the broader market over the past year and in 2025. AMAT’s stock prices have declined 24.8% over the past 52 weeks and 4.1% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 9.2% over the past year and plummeted 3.7% on a YTD basis.