Muktar65
Oct 14, 12:02 AM
$AMAT here is what applied materials promised by 2030
The case rests on wafer fab equipment, or WFE, the machines chipmakers buy to build and upgrade factories.
Applied Materials expects WFE spending to grow faster through 2030 than over the past decade, with artificial intelligence driving about 80% of the incremental growth, and targets at least 2 percentage points of share gain.
Its services arm is expected to grow more than 20% in 2026 and exceed
$12 billion in revenue by 2030. Profitability targets call for a 54% gross margin and a 40% operating margin.
Together, the model implies earnings of
$33 to
$42 a share in 2030, assuming WFE spending of
$300 billion to
$400 billion. The company earned
$9.42 a share in fiscal 2025.
"The global buildout of AI infrastructure is driving a new era of growth for wafer fab equipment," said CEO Gary Dickerson in the company’s release
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