Verified peer comparison

AMAT vs LRCX

Applied Materials, Inc. compared with Lam Research Corporation. This page compares both source-verified company profiles and does not introduce an unverified price target.

AMAT

Applied Materials, Inc.

$189.43

Open: --
High: --
Low: --
Market Cap: --

Open stock research

LRCX

Lam Research Corporation

$189.43

Open: --
High: --
Low: --
Market Cap: --

Open stock research

Company-specific comparison

Business exposure

AMAT: Semiconductor Equipment

LRCX: Semiconductor Equipment

Upside lens

AMAT: Gate-all-around, backside-power and advanced-memory transitions can increase process complexity and demand for Applied Materials systems. AI accelerators and high-bandwidth memory require more packaging steps, creating opportunities across deposition, inspection and bonding. A large installed base supports recurring parts, service and optimization demand through customers' utilization cycles.

LRCX: DRAM node transitions, HBM capacity and NAND layer growth can expand etch and deposition intensity. Complex transistor and interconnect structures require additional critical wafer-processing steps. The installed base creates recurring demand for spares, upgrades and productivity services.

Risk lens

AMAT: Broader technology controls can restrict shipments, service activity and customer access in important markets. Customer capacity adjustments can delay orders and produce sharp swings in semiconductor-equipment demand. Complex global sourcing exposes deliveries and margins to component shortages, tariffs and supplier performance.

LRCX: Expanded controls can reduce addressable equipment and service revenue in a significant market. A small number of large chipmakers can postpone projects and materially change demand. New-tool qualification, component availability and manufacturing scale-up can affect shipments and margins.