AMAT — Applied Materials Inc.

Largest semiconductor equipment company; PVD, CVD, and etch tools used in niobium/aluminum Josephson junction deposition and superconducting qubit wafer processing.

Coiled

52w range compression, breakout-adjusted

Watched

7-day news volume + tape quietness

Sound

Margins, growth, FCF composite

Critical

Supply-chain concentration × demand

Pressure

Pricing Power

49.0%

Inflating

Numbers on the wire.

Market cap

$417.4B

P/E (TTM)

51.31

P/S (TTM)

15.04

EV / EBITDA

81.74

Gross margin

48.96%

Op margin

28.59%

Net margin

29.31%

FCF margin

—

Rev growth YoY

3.33%

EPS growth YoY

29.62%

ROE

39.78%

ROA

22.93%

Debt / Equity

0.27

Current ratio

2.51

Price / Book

13.44

Beta

1.62

Layer Presence.

Quantum Supporting Hardware & CryogenicsPhysical vapor deposition, sputtering, and lithography tools used in Josephson junction and niobium superconducting circuit patterning.70%

Applied Materials supplies PVD sputtering and CVD deposition systems used in Josephson junction fabrication (niobium, aluminum, SiO2 dielectrics). Quantum fab volumes today are trivial relative to AMAT's ~$27B revenue. Long-term optionality: if superconducting qubit manufacturing scales to foundry-equivalent volumes, AMAT tools are in the primary process flow. Risk: commercial-scale qubit fab is decade-scale.

AMAT — Applied Materials Inc.

Numbers on the wire.

Layer Presence.

From the EDGAR wire.

From the tape.