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

100

7-day news volume + tape quietness

Sound

Margins, growth, FCF composite

Critical

Supply-chain concentration × demand

Pressure

Pricing Power

49.0%

Filling fast

Numbers on the wire.

Market cap

$428.1B

P/E (TTM)

50.70

P/S (TTM)

14.86

EV / EBITDA

80.77

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

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.

From the EDGAR wire.

From the tape.