
Despite delivering a total return of 40%, some may feel that Applied Materials' (NASDAQ: AMAT) 2025 performance has been underwhelming. This comes as the tech stock has significantly underperformed many of its semiconductor equipment manufacturing peers. For example, Lam Research (NASDAQ: LRCX) has delivered an astounding 107% return.
Applied Materials just reported its latest financial results. Despite underperforming compared to its industry, Applied Materials remains a strong semiconductor manufacturing equipment play going forward.