Applied Materials revenue 2013-2023

Applied Materials generated 26.5 billion U.S. dollars in revenue in 2023, a three percent increase from the previous year. The company, headquartered in Santa Clara in the United States, is a leader in materials engineering solutions for the semiconductor industry.

Supplying the semiconductor ecosystem

The company’s primary focus is on the design and manufacturing of the systems used to fabricate semiconductor chips. With an in-depth understanding of the semiconductor supply chain, from materials through to end markets, Applied Materials can meet the demands of chipmakers worldwide. The company counts likes of Taiwan Semiconductor Manufacturing Company (TSMC), Intel, and Samsung as some of its key customers,

ASML remains the company’s top challenger

As a leading provider of lithography systems for the semiconductor industry, ASML also boasts TSMC, Intel, and Samsung as its key partners. Like Applied Materials, ASML offers a comprehensive portfolio of semiconductor manufacturing equipment and services. Similarly, both Applied Materials and ASML see a large share of revenue stemming from Taiwanese customers.