Applied Materials sells the machines that make semiconductors, with the broadest equipment portfolio in the industry across deposition, etch, implant and inspection. Every leap in chip complexity, from advanced transistors to AI-era packaging that stacks chips together, requires new generations of its tools. Customers are the world's leading fabs: TSMC, Samsung, Intel and memory makers. A large installed base feeds a growing services business that smooths the equipment cycle. The company was founded in Silicon Valley in 1967.