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 has unveiled significant advancements in chip wiring, introducing the industry’s first use of ruthenium in high-volume production to scale copper chip wiring to the 2nm node and beyond.
These innovations include a new enhanced low-k dielectric material, reducing chip capacitance and strengthening chips for 3D stacking.
The new binary metal liner of ruthenium and cobalt reduces the liner thickness by 33% and electrical line resistance by 25%, enhancing chip performance and power consumption.
These technologies are being adopted by major chipmakers like Samsung and TSMC and are expected to expand Applied's market opportunity in wiring, potentially increasing it to $7 billion per 100K wafer starts per month.
Applied Materials has released its latest Sustainability Report, highlighting its efforts to reduce carbon emissions in the semiconductor industry. The company announced its Net Zero 2040 Playbook aimed at achieving net zero emissions by 2040.
In 2023, Applied sourced 100% of its U.S. electricity from renewables and increased its global renewable energy sourcing to 70%. The company also installed a large rooftop solar array in Texas, expected to generate over 8.2 million kilowatt hours annually.
Applied's emission reduction targets for 2030 have been validated by the Science Based Targets initiative. The company is partnering with Schneider Electric's Catalyze program and is a founder of the Semiconductor Climate Consortium, advancing efforts to decarbonize the industry.
The full report is available on Applied Materials' website.
Applied Materials announced on June 13, 2024, that it will pay a quarterly cash dividend of $0.40 per share on September 12, 2024, to shareholders of record as of August 22, 2024. This marks a notable increase from the previous year, continuing a seven-year trend of annual dividend hikes. In Q2 2024, the company returned $1.09 billion to shareholders via dividends and share repurchases. Applied Materials has $11.2 billion remaining in its share buyback authorization.
Applied Materials announced that its President and CEO, Gary Dickerson, along with Senior Vice President and CFO, Brice Hill, will participate in upcoming investor conferences. Dickerson will attend the Bernstein Strategic Decisions Conference in New York on May 30, at 2:30 p.m. ET, while Hill will join the BofA Securities Global Technology Conference in San Francisco on June 6, at 11:40 a.m. ET. Live audio webcasts for both events will be available on the company's website, with replays accessible the same day.
Applied Materials (NASDAQ: AMAT) announced its second-quarter 2024 results, with stable revenue of $6.65 billion compared to the same period last year. On a GAAP basis, the operating margin stood at 28.8%, while non-GAAP operating margin was 29.0%, reflecting a slight decline of 0.1 percentage points year over year. GAAP EPS increased by 11% to $2.06, and non-GAAP EPS rose by 5% to $2.09. The company generated $1.39 billion in cash from operations and returned $1.09 billion to shareholders through share repurchases and dividends. Looking ahead to Q3, Applied Materials expects revenue around $6.65 billion and non-GAAP EPS between $1.83 and $2.19.
Applied Materials, Inc. will host a webcast on May 16, 2024, to discuss its Q2 FY2024 financial results and release the CY2023 WFE market summary on May 2, 2024. The webcast will be accessible on the company's website, with a replay available the same day. This event aims to provide shareholders and investors with important financial insights.
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