Applied Materials, Inc. (AMAT) vs Intel Corporation (INTC)

Applied Materials Inc. is the world’s largest manufacturer of semiconductor wafer fabrication equipment, with a broad portfolio covering nearly every segment of the WFE ecosystem. The company holds a leading market share in deposition technologies, which involve adding new material layers to semiconductor wafers. Applied Materials has greater exposure to general-purpose logic chips produced by integrated device manufacturers and foundries. Its customer base includes some of the world’s largest chipmakers, such as TSMC, Intel, and Samsung.

Intel Corp is a major semiconductor company that designs and manufactures microprocessors for the worldwide PC and data center markets. The company helped establish the x86 microprocessor architecture and played a central role in advancing Moore’s law through semiconductor manufacturing innovation. Intel continues to hold leading market share in central processing units for both personal computers and servers. The company is working to revitalize its chip manufacturing operations through Intel Foundry while developing advanced products within its Intel Products segment.