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. (NASDAQ: AMAT) generates a steady flow of news that reflects its role in semiconductor and advanced display manufacturing, AI infrastructure and capital markets activity. Company updates frequently highlight how its materials engineering solutions support advanced logic, DRAM, high-bandwidth memory and complex 3D chip architectures that underpin AI computing.
Investors following AMAT news can expect regular earnings announcements, where the company reports quarterly and annual results, segment performance for Semiconductor Systems, Applied Global Services and display-related activities, and management’s commentary on technology inflections, demand trends and regulatory impacts. These releases often include non-GAAP reconciliations and business outlook ranges for upcoming quarters.
Applied Materials also issues news about product and technology introductions. Recent examples include the Kinex die-to-wafer hybrid bonding system, the Centura Xtera epitaxy system for Gate-All-Around transistors at advanced nodes, and the PROVision 10 eBeam metrology system for complex 3D chips. Such announcements provide insight into how the company is addressing challenges in hybrid bonding, epitaxial growth and nanoscale metrology for next-generation devices.
Another recurring theme in AMAT news is strategic collaboration and ecosystem development. The company has announced a partnership with GlobalFoundries to establish a waveguide fabrication facility in Singapore for AI-driven photonics and augmented reality applications. It has also described its role in U.S. semiconductor manufacturing initiatives, including supplying American-made equipment from its Austin facility and investing in a new advanced manufacturing site in Arizona.
News items additionally cover capital allocation and financing, such as cash dividend declarations, share repurchase activity, new credit agreements and public offerings of senior unsecured notes. Conference participation and investor event webcasts are also regularly announced. This news page aggregates these developments so readers can review AMAT’s operational, technological and financial updates in one place.
Applied Materials has unveiled its new Selective Tungsten process technology, designed to eliminate a critical bottleneck in 2D scaling for foundry-logic nodes. This innovation allows for improved transistor contact formation, crucial for chip performance and power consumption. The technology enables continued scaling down to 5nm and 3nm nodes, enhancing power, performance, and cost-efficiency (PPAC). The Endura Volta Selective Tungsten CVD system has already been adopted by multiple leading chipmakers, marking a significant advancement in semiconductor manufacturing.
Applied Materials is set to showcase advancements in sustainable AI and big data during the 50th annual SEMICON West on July 21, 2020. The keynote speakers include former Vice President Al Gore and CEO Gary Dickerson, focusing on the industry's role in addressing climate change through energy-efficient technologies. Experts from leading companies like Google, Intel, and Microsoft will participate in a panel discussing sustainable growth in AI and cloud computing, emphasizing the need for improved resource efficiency within the semiconductor sector.
Applied Materials, Inc. announced a quarterly cash dividend of $0.22 per share, payable on September 10, 2020, to shareholders of record as of August 20, 2020. This dividend reflects the company's commitment to returning value to shareholders, with $392 million returned in the second quarter of fiscal 2020 through dividends and share repurchases. At the close of the quarter, Applied had approximately $1.5 billion remaining in its share buyback authorization.
Applied Materials has appointed Teri Little as senior vice president and chief legal officer, succeeding Tom Larkins. Little brings extensive legal experience from KLA Corporation, where she managed global legal affairs. Her appointment aligns with the company's strategic focus on artificial intelligence and big data opportunities. CEO Gary Dickerson emphasized her industry knowledge as beneficial for future growth. Tom Larkins will aid in the transition, having led the legal department since 2012.
Applied Materials has priced senior unsecured notes totaling $1.5 billion, divided into two tranches: $750 million at 1.750% due in 2030 and $750 million at 2.750% due in 2050. The proceeds will be used to redeem existing senior notes due in 2020 and 2021 and for general corporate purposes. The offering is expected to close on May 29, 2020. This release includes forward-looking statements that involve risks and uncertainties, and is part of a registration with the SEC.
Applied Materials announced that CEO Gary Dickerson and CFO Dan Durn will participate in a virtual fireside chat at the Bernstein Strategic Decisions Conference on May 27, starting at 11:30 a.m. PT. Additionally, Durn will speak at several other conferences, including the Needham Virtual Technology and Media Conference on May 20, Cowen 2020 Virtual Technology Conference on May 28, and BofA Securities Global Technology Conference on June 3. Live audio webcasts will be available on the Applied Materials website.
Applied Materials (AMAT) reported Q2 FY2020 revenue of $3.96 billion, a 12% increase year-over-year, with GAAP EPS at $0.82 and non-GAAP EPS at $0.89, marking gains of 17% and 27%, respectively. The company achieved a gross margin of 44.2% and returned $392 million to shareholders. Segment performance showed growth in Semiconductor Systems, netting $2.57 billion in sales, while Applied Global Services and Display markets saw mixed results. CEO Gary Dickerson noted robust underlying demand amid ongoing COVID-19 challenges.
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