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Applied Materials shares slide as chip equipment outlook remains uncertain

Tue, 13 Oct 2026 12:45:53 -0400

Investing.com -- Applied Materials shares fell sharply Tuesday after the semiconductor equipment maker declined to provide an industry spending forecast at its investor day, leaving investors to weigh its bullish artificial intelligence outlook against uncertainty over the pace of new chipmaking capacity.

The stock was recently down 7.5% at $461.50, recovering from an earlier drop of as much as 9% to $452.81. The decline marked its steepest intraday selloff since July 28.

The weakness extended across the semiconductor equipment sector. KLA Corp. and Lam Research each fell about 4%, while ASML Holding declined 3%, with all three stocks

Applied Materials shares slide as chip equipment outlook remains uncertain

Tue, 13 Oct 2026 12:45:53 -0400

The stock was recently down 7.5% at $461.50, recovering from an earlier drop of as much as 9% to $452.81. The decline marked its steepest intraday selloff since July 28.

The weakness extended across the semiconductor equipment sector. KLA Corp. and Lam Research each fell about 4%, while ASML Holding declined 3%, with all three stocks

Applied Materials shares slide as chip equipment outlook remains uncertain

Tue, 13 Oct 2026 12:45:53 -0400

The stock was recently down 7.5% at $461.50, recovering from an earlier drop of as much as 9% to $452.81. The decline marked its steepest intraday selloff since July 28.

The weakness extended across the semiconductor equipment sector. KLA Corp. and Lam Research each fell about 4%, while ASML Holding declined 3%, with all three stocks

Applied Materials shares slide as chip equipment outlook remains uncertain

Tue, 13 Oct 2026 12:45:53 -0400

The stock was recently down 7.5% at $461.50, recovering from an earlier drop of as much as 9% to $452.81. The decline marked its steepest intraday selloff since July 28.

The weakness extended across the semiconductor equipment sector. KLA Corp. and Lam Research each fell about 4%, while ASML Holding declined 3%, with all three stocks

Applied Materials sets 2030 targets as AI demand drives equipment spending

Tue, 13 Oct 2026 12:45:50 -0400

Applied Materials, Inc. (Nasdaq: AMAT) outlined multi-year financial targets at its 2026 SEMICON West Investor Breakfast Presentation, projecting growth in wafer fab equipment (WFE) spending through 2030 driven by AI infrastructure investment.

The company said it expects WFE spending to grow faster through 2030 than it did over the past decade, with leading-edge foundry-logic, DRAM and advanced packaging accounting for approximately 75% of that growth. Applied Materials is targeting more than 2 percentage points of WFE market share gain from 2025 to 2030.

On profitability, the company set a non-GAAP gross margin target of approximately 54% and a non-GAAP operating margin target

Applied Materials Set to Outperform as AI Drives Sustained Demand for Wafer Fab Equipment

Tue, 13 Oct 2026 12:45:00 -0400

Company expects strong multi-year growth as global AI infrastructure buildout fuels demand for leading-edge foundry-logic, DRAM and advanced packaging – areas where Applied has built market leadership
Expects wafer fab equipment (WFE) spending to grow faster through 2030 than over the past decade; targets more than 2 percentage points of WFE share gain from calendar 2025 to 2030
Targets higher profitability through 2030 with non-GAAP gross margin target of approximately 54 percent and non-GAAP operating margin target of approximately 40 percent
Committed to distribute 80 to 100 percent of free cash flow to shareholders over time

SAN FRANCISCO, Oct. 13, 2026

Applied Materials Set to Outperform as AI Drives Sustained Demand for Wafer Fab Equipment

Tue, 13 Oct 2026 12:45:00 -0400

Company expects strong multi-year growth as global AI infrastructure buildout fuels demand for leading-edge foundry-logic, DRAM and advanced packaging – areas where Applied has built market leadership
Expects wafer fab equipment (WFE) spending to grow faster through 2030 than over the past decade; targets more than 2 percentage points of WFE share gain from calendar 2025 to 2030
Targets higher profitability through 2030 with non-GAAP gross margin target of approximately 54 percent and non-GAAP operating margin target of approximately 40 percent
Committed to distribute 80 to 100 percent of free cash flow to shareholders over time

SAN FRANCISCO, Oct. 13, 2026

Applied Materials Extends Drop To 7.7% During Investor Day

Tue, 13 Oct 2026 11:38:01 -0400

Applied Materials Extends Drop To 7.7% During Investor Day

Applied Materials shares fall after EPIC Center unveiling

Tue, 13 Oct 2026 10:10:27 -0400

Applied Materials Inc. shares dropped 4.1% in morning trading on Tuesday, falling to $476.99 from an opening price of $484.64, following the company's announcement of its $5 billion Equipment and Process Innovation and Commercialization Center.

The facility, unveiled Monday evening at the company's Sunnyvale, California campus, is described as the world's largest collaborative semiconductor research and development hub. The center secured commitments from TSMC, Samsung, Intel, Micron, SK hynix, and Kioxia.

The announcement did not include new equipment orders or disclosed project economics, limiting visibility into near-term financial impacts.

Citi raised supply chain concerns ahead of SEMICON West, the industry conference running from

Evercore ISI: ' We believe EPIC could be a strategic differentiator for AMAT'

Tue, 13 Oct 2026 05:32:37 -0400

Evercore ISI analyst Mark Lipacis reiterated an Outperform rating and $700.00 price target on Applied Materials (NASDAQ: AMAT).

The analyst comments "AMAT unveiled its $5bn EPIC Center today, bringing together leading chipmakers (TSMC, Samsung, Intel, Micron, SK hynix and Kioxia) and technology partners (Besi, Advantest, SCREEN and Broadcom) to co-develop next-gen technologies across leading-edge logic, DRAM/HBM and advanced packaging. EPIC introduces a collaborative R&D model aimed at shortening product cycles and accelerating time to market through earlier engagement and co-innovation. We believe EPIC could be a strategic differentiator for AMAT, enabling the company to engage with customers much earlier in the

Applied Materials opens $5B chip R&D center in Silicon Valley

Mon, 12 Oct 2026 16:30:47 -0400

Applied Materials (NASDAQ: AMAT) unveiled its Equipment and Process Innovation and Commercialization (EPIC) Center in Sunnyvale, California, a facility the company says represents a $5 billion capital investment expected to scale as customer projects commence.

The 600,000-square-foot structure houses nearly four acres of cleanroom space and required more than six million construction hours to complete. The facility is designed to bring chipmakers, equipment suppliers, and university researchers together with Applied Materials' own engineers under one roof.

Founding partners include TSMC, Intel, Samsung Electronics, Micron, and SK hynix. Innovation partners Broadcom, Advantest, SCREEN, KIOXIA, and Besi are also participating, along with research partners

Applied Materials opens $5B chip R&D center in Silicon Valley

Mon, 12 Oct 2026 16:30:47 -0400

Applied Materials Unveils $5 Billion EPIC Center in Silicon Valley to Accelerate Semiconductor Innovation for the AI Era

Mon, 12 Oct 2026 16:30:00 -0400

$5 billion investment creates the world’s largest semiconductor equipment and process technology R&D facility
Purpose-built to accelerate the path from breakthrough innovation to high-volume manufacturing of next-generation chipmaking technologies
Leading chipmakers, systems companies, equipment partners and research universities have committed to develop inside EPIC

SUNNYVALE, Calif., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Applied Materials, Inc., the leader in materials engineering for the semiconductor industry, today unveiled its Equipment and Process Innovation and Commercialization (EPIC) Center, a $5 billion capital investment* to build the world’s largest facility dedicated to collaborative semiconductor process technology and manufacturing equipment R&D. Inside the

Applied Materials Unveils $5 Billion EPIC Center in Silicon Valley to Accelerate Semiconductor Innovation for the AI Era

Mon, 12 Oct 2026 16:30:00 -0400

$5 billion investment creates the world’s largest semiconductor equipment and process technology R&D facility
Purpose-built to accelerate the path from breakthrough innovation to high-volume manufacturing of next-generation chipmaking technologies
Leading chipmakers, systems companies, equipment partners and research universities have committed to develop inside EPIC

RBC: 'we continue to see a clear path to double-digit WFE growth through 2028'