Welcome to our dedicated page for Applied Matls news (Ticker: AMAT), a resource for investors and traders seeking the latest updates and insights on Applied Matls stock.
Applied Materials Inc. (AMAT), a global leader in materials engineering solutions for semiconductor and display manufacturing, maintains this dedicated news hub for stakeholders seeking authoritative updates. Our curated collection delivers timely access to official press releases, financial announcements, and strategic developments directly from the company.
This resource serves investors and industry professionals with verified information about AMAT's innovations in deposition systems, eBeam inspection technologies, and semiconductor production advancements. Key coverage areas include quarterly earnings disclosures, manufacturing partnerships, sustainability initiatives, and breakthroughs in AI-driven process optimization.
All content is organized to highlight AMAT's role in enabling next-generation chip fabrication and display technologies while maintaining strict editorial standards. Bookmark this page for efficient tracking of the company's progress in materials science, equipment innovations, and global service expansions within the semiconductor ecosystem.
Applied Materials, Inc. has declared a quarterly cash dividend of $0.26 per share, scheduled for payment on Dec. 15, 2022. Shareholders on record as of Nov. 25, 2022 will receive the dividend. This initiative is part of the company's capital allocation strategy, which in Q3 FY 2022 saw a total of $1.23 billion returned to shareholders via dividends and share repurchases. As of the end of the quarter, the company had approximately $6.4 billion left in its share buyback authorization.
Applied Materials announced that CEO Gary Dickerson and CFO Brice Hill will participate in upcoming investor conferences.
Dickerson will speak at the Goldman Sachs Communacopia + Technology Conference on Sept. 12 at 8:15 a.m. PT / 11:15 a.m. ET.
Hill will attend the Citi Global Technology Conference on Sept. 7 at 5:15 a.m. PT / 8:15 a.m. ET, followed by the Evercore ISI Technology Conference starting at 11:15 a.m. PT / 2:15 p.m. ET.
A live audio webcast will be available on the Applied Materials website, with replays accessible later.
Applied Materials reported record quarterly revenue of $6.52 billion, a 5% increase year over year, for Q3 FY2022. GAAP earnings per share (EPS) stood at $1.85, down 1% year over year, while non-GAAP EPS rose 2% to $1.94. The company generated $1.47 billion in cash from operations and returned $1.23 billion to shareholders. For Q4 FY2022, Applied expects net sales around $6.65 billion, impacted by ongoing supply chain challenges. Management remains optimistic about the long-term strength of the semiconductor market.
Applied Materials announced that Dr. Omkaram Nalamasu has received the 2023 IEEE Frederik Philips Award for his significant leadership in semiconductor material research and development. Dr. Nalamasu has a strong track record in identifying and commercializing new growth opportunities in materials engineering technologies. He has also established strategic partnerships leading to innovative centers and is the President of Applied Ventures, overseeing global investments in deep tech sectors. His recognition underscores the company's commitment to innovation in the semiconductor industry.
The CEOs of GlobalFoundries (GFS), Applied Materials (AMAT), and Ford (F) will co-host a summit with government officials to foster partnerships following the CHIPS and Science Act's passage. This act aims to enhance U.S. semiconductor manufacturing, addressing supply chain challenges and supporting economic and national security. Key leaders like Brian Deese and Dr. William LaPlante will engage in discussions on optimizing semiconductor production and promoting transportation electrification. The summit, held on August 8, 2022, underscores a commitment to domestic manufacturing and innovation.
Applied Materials will host a webcast to discuss its third quarter fiscal 2022 financial results on August 18, 2022, at 4:30 p.m. ET. The event is accessible via the company's website, with a replay available the same day at 8:00 p.m. ET.
As a leader in materials engineering solutions for chip and display production, Applied Materials continues to innovate and transform industry possibilities into real-world applications.
Applied Materials has acquired Picosun Oy, a Finnish semiconductor equipment company, enhancing its capabilities in atomic layer deposition (ALD) technology for specialty semiconductors.
This acquisition aims to address the increasing demand for innovative chips in IoT, automotive, and communication sectors. The deal bolsters Applied’s ICAPS group by integrating Picosun's R&D expertise and strong industry connections.
The transaction received approval from Finland's Ministry of Economic Affairs, although financial details remain undisclosed.
Applied Materials has announced a quarterly cash dividend of $0.26 per share, payable on September 15, 2022, to shareholders on record as of August 25, 2022. This dividend is part of the company’s strategy to return value to shareholders, which included $2.01 billion returned through dividends and share repurchases in Q2 of fiscal 2022. At the end of that quarter, Applied had approximately $7.4 billion remaining in its share buyback authorization.
Applied Materials, Inc. has launched a new system aimed at addressing electrical resistance issues in chip manufacturing. The Endura Ioniq PVD System allows chipmakers to replace high-resistance layers with a low-resistance tungsten film, facilitating 2D scaling to the 3nm node and enhancing chip performance. The innovative approach is essential as chips are miniaturized, overcoming significant barriers in performance and power consumption. Leading customers have already selected this system, showcasing its impact on the semiconductor industry.
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