Applied Materials, Inc. provides materials engineering solutions, including equipment, services and software, for semiconductor manufacturing, advanced displays and related industries worldwide. Founded in 1967 and headquartered in Santa Clara, California, the company offers core products such as atomic layer deposition, chemical vapor deposition, physical vapor deposition, rapid thermal processing, chemical mechanical polishing, etch, ion implantation, wafer inspection systems and integrated materials solutions; it also provides automation software, service solutions, supply chain solutions and equipment for flat panel displays, solar products, flexible electronics and advanced packaging. Applied Materials operates globally with facilities across the United States, Europe, China, Taiwan, South Korea, Japan, Singapore, Israel, India and other regions including recent expansions like a new manufacturing site in Chandler, Arizona acquired for $41 million in July 2025 and a Global Services Office in Heredia, Costa Rica opened in October 2025. Recent developments include the expansion of its EPIC innovation platform with EPIC Advanced Packaging launched in November 2024 to accelerate chip packaging technologies through industry collaborations; over $200 million investment announced in 2025 for a specialized components manufacturing facility in Arizona building on prior U.S. infrastructure spending; a new $10 billion share repurchase authorization in early 2025; launches of next-generation systems like the gap fill chemical vapor deposition product and Pioneer Dielectric Patterning System for high-performance compute memory; and a workforce reduction plan impacting 4% of staff announced in October 2025 with charges recognized in fiscal fourth quarter 2025. The company reported record fiscal 2025 annual revenue of $28.37 billion, up 4% year over year, driven by demand in AI-enabled semiconductors and strong operating margins across its semiconductor systems, global services and display segments.