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Santa Clara, California-based Applied Materials, Inc. (AMAT) provides manufacturing equipment, services and software to the semiconductor, display and related industries. With a market cap of $128.4 billion, Applied Materials operates through Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets segments.
Companies worth $10 billion or more are generally described as "large-cap stocks," Applied Materials fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the semiconductor equipment & materials industry. AMAT is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world.