Applied Materials

Applied Materials, Inc. stands as a global leader in materials engineering solutions, serving as the second-largest supplier of semiconductor equipment in the world behind Dutch company ASML. Headquartered in Santa Clara, California, the company supplies critical equipment, services, and software for the manufacture of semiconductor chips, flat panel displays for computers and smartphones, and solar products. With annual revenue of $27.18 billion in fiscal 2024 and over 35,700 employees worldwide, Applied Materials is at the forefront of enabling the technology that transforms the future.

The company operates through three major business segments: Semiconductor Systems (representing 73.69% of total revenue), Applied Global Services, and Display and Adjacent Markets. Applied Materials develops and manufactures equipment used in virtually every step of wafer fabrication, including atomic layer deposition (ALD), chemical vapor deposition (CVD), physical vapor deposition (PVD), rapid thermal processing (RTP), chemical mechanical polishing (CMP), etch, ion implantation, and wafer inspection. This comprehensive portfolio positions the company as a one-stop-shop for semiconductor manufacturers globally.

Under the leadership of CEO Gary Dickerson, who joined in 2012, Applied Materials has achieved five consecutive years of growth, with revenue expanding more than 3.5 times during his tenure. The company invested $2.8 billion in R&D in fiscal 2024, prioritizing advancements in artificial intelligence, machine learning, advanced materials engineering, and sustainable manufacturing practices. Applied Materials maintains a robust global presence with 100 office locations spanning North America, Europe, and Asia, including R&D centers, manufacturing facilities, sales offices, and service hubs in strategic markets like Japan, China, Taiwan, Israel, and Singapore.

The company's technology leadership extends to cutting-edge innovations such as Gate-All-Around (GAA) transistors for next-generation logic chips and advanced packaging solutions critical for AI computing. In 2024, Applied Materials' Sym3 Magnum etch system generated over $1.2 billion in revenue, while the company anticipates its GAA revenues to double from $2.5 billion in 2024 to $5 billion in 2025. Applied Materials has been recognized as one of Glassdoor's Best Places to Work in 2024 and was honored with the SEMI Excellence in Talent Development Award in 2025, reflecting its commitment to fostering innovation and developing the next generation of semiconductor talent.