Applied Materials Inc /De (NASDAQ: AMAT)

Applied Materials, Inc. (AMAT) is a global company that operates in the technology sector, specifically in the semiconductor, display, and related industries. Established in 1967 and headquartered in Santa Clara, California, the company is listed on the NASDAQ stock exchange under the ticker symbol AMAT.

Applied Materials is engaged in the development, manufacturing, and distribution of equipment and software used in the fabrication of semiconductor chips, displays, and other electronic devices. The company operates in three reportable segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment focuses on patterning systems, transistor and interconnect products, metrology and inspection systems, and packaging technologies used in the fabrication of semiconductor chips. These products are used in the production of a wide range of semiconductor devices, including logic, memory, and analog devices.

The Applied Global Services segment offers integrated solutions to optimize equipment and fab performance and productivity, including spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software. The Display and Adjacent Markets segment is primarily composed of products for manufacturing liquid crystal displays (LCDs), organic light-emitting diodes (OLEDs), and other display technologies for various consumer-oriented devices.

Applied Materials has a strong competitive position in the industries it operates in, with a diverse portfolio of products and services that enable customers to improve device performance, power, yield, and cost. The company's products and services are used by many of the world's leading semiconductor and display manufacturers, such as Samsung, Taiwan Semiconductor Manufacturing Company, and Intel.

The company has a global workforce of approximately 34,000 regular full-time employees, with a diverse range of skills, backgrounds, and experiences. Applied Materials is committed to creating an inclusive and diverse work environment and has made significant progress in recent years in increasing female and underrepresented minority representation in the workforce.

Applied Materials holds more than 19,600 active patents in the United States and other countries, with additional applications pending for new inventions. The company also has a number of patent and technology licensing agreements with other companies, and pays royalties under existing patent license agreements for the use of certain patented technologies.

In addition to its business activities, Applied Materials provides training to its employees through Applied Global University, which offers state-of-the-art training modalities, such as AI-based simulations and Augmented and Virtual Reality learning capabilities. The company also measures employee engagement through surveys to gain insight into employees' experiences, levels of workplace satisfaction, and key drivers for engagement, inclusion, and overall well-being.

Applied Materials, Inc. is led by a team of executive officers including Gary E. Dickerson, President, Chief Executive Officer, and a member of the Board of Directors; Brice Hill, Senior Vice President, Chief Financial Officer, and Global Information Services; Prabu Raja, President, Semiconductor Products Group; Teri Little, Senior Vice President, Chief Legal Officer, and Corporate Secretary; Omkaram Nalamasu, Senior Vice President, Chief Technology Officer; Timothy M. Deane, Group Vice President, Applied Global Services; and Charles W. Read, Corporate Vice President, Business Units and Operations Chief Financial Officer.