{
  "slug": "applied-materials-inc",
  "symbol": "AMAT",
  "name": "Applied Materials Inc",
  "fiscalYearEnd": "2025-10-26",
  "filing": {
    "accession": "0001628280-25-056742",
    "form": "10-K",
    "filed": "2025-12-12",
    "url": "https://www.sec.gov/Archives/edgar/data/6951/000162828025056742/amat-20251026.htm"
  },
  "model": "claude-haiku-5-5",
  "promptVersion": "2026-10-31.2",
  "generatedAt": "2026-10-31T19:57:56.057486+00:00",
  "segments": null,
  "sections": {
    "businessModel": [
      {
        "de": "AGS verkauft transaktionale und abonnementbasierte Serviceprodukte, Ersatzteile und Software für die Fabrikautomatisierung. Kunden kaufen sie, um die Leistung der großen, weltweiten installierten Basis an Halbleiter- und anderen Anlagen zu optimieren.",
        "en": "AGS sells transactional and subscription service products, spares and factory automation software. Customers buy them to improve the performance of the large, global installed base of semiconductor and other equipment.",
        "quote": "AGS’s transactional and subscription service products, spares and factory automation software is purchased by customers to optimize the performance of our large, global installed base of semiconductor and other equipment."
      },
      {
        "de": "Das Unternehmen fertigt außerdem Produkte und beliefert Kunden in bestimmten anderen Branchen, darunter Anlagen für die Displayindustrie.",
        "en": "The company also makes products and serves customers in certain other industries, including equipment for the display industry.",
        "quote": "We also manufacture products and serve customers in certain other industries, including manufacturing equipment for the display industry."
      },
      {
        "de": "Die Prozesskontrollsysteme nutzen optische und eBeam-Technologien, um Chipstrukturen während der Fertigung zu prüfen und zu überprüfen, was hilft, die Chipausbeute zu verbessern.",
        "en": "The process control systems use optical and eBeam technologies to inspect and review chip structures during manufacturing, which helps improve chip yields.",
        "quote": "Our process control systems employ optical and eBeam technologies that allow customers to inspect and review critical semiconductor architectures throughout the manufacturing process, helping improve chip yields."
      }
    ],
    "customers": [
      {
        "de": "Das Segment Semiconductor Systems verkauft an Kunden, die drei Märkte bedienen: Foundry, Logik und Sonstige; DRAM-Speicher; sowie NAND-Flash-Speicher.",
        "en": "Semiconductor Systems sells to customers that serve three markets: foundry, logic and other; DRAM memory; and NAND flash memory.",
        "quote": "Our Semiconductor Systems sales are to customers that serve the following markets: foundry, logic and other; dynamic random access memory (DRAM); and flash memory (NAND)."
      },
      {
        "de": "Das Geschäft beruht auf Investitionen großer Halbleiter- und anderer Hersteller in Kapitalgüter und unterliegt einer erheblichen Schwankung der Kundennachfrage.",
        "en": "The company's business is based on capital equipment investments by major semiconductor and other manufacturers, and customer demand can vary significantly.",
        "quote": "Our business is based on capital equipment investments by major semiconductor and other manufacturers, and is subject to significant variability in customer demand for our products."
      }
    ],
    "competition": [
      {
        "de": "Wichtige Wettbewerbsfaktoren sind technische Leistungsfähigkeit und Differenzierung, Produktivität, Kosteneffizienz und die Fähigkeit, eine weltweite Kundschaft zu betreuen.",
        "en": "Major competitive factors include technical capability and differentiation, productivity, cost-effectiveness and the ability to support a global customer base.",
        "quote": "Significant competitive factors include technical capability and differentiation, productivity, cost-effectiveness and the ability to support a global customer base."
      },
      {
        "de": "Zu den Wettbewerbern gehören kleine Unternehmen, die nur in einer Region tätig sind und von Regeln profitieren könnten, die inländische Unternehmen bevorzugen, bis hin zu globalen, diversifizierten Unternehmen.",
        "en": "Competitors range from small companies that compete in a single region, which may benefit from policies and regulations that favor domestic companies, to global, diversified companies.",
        "quote": "Competitors range from small companies that compete in a single region, which may benefit from policies and regulations that favor domestic companies, to global, diversified companies, which operate in more complex global economic and regulatory environments."
      },
      {
        "de": "Das Unternehmen könnte mehr Wettbewerb von inländischen Anlagenherstellern in China erhalten, bedingt durch lokale staatliche Anreize und Förderung sowie durch Exportkontrollen der US-Regierung für bestimmte Technologien.",
        "en": "The company could face more competition from domestic equipment makers in China, driven by local government incentives and funding and by US export controls on certain technologies.",
        "quote": "We could see increased competition from domestic equipment manufacturers in China resulting from local government incentives and funding as well as export controls established by the United States government to restrict the sale of certain technologies to customers in China."
      }
    ],
    "risks": [
      {
        "de": "Im Geschäftsjahr 2025 entfielen ungefähr 19 % bzw. 15 % des Nettoumsatzes auf zwei Kunden.",
        "en": "In fiscal 2025, two customers accounted for approximately 19% and 15% of net revenue, respectively.",
        "quote": "During fiscal 2025, two customers accounted for approximately 19% and 15%, respectively, of our net revenue."
      },
      {
        "de": "Die Beschaffung von Exportlizenzen kann schwierig und zeitaufwendig sein, und es gibt keine Gewähr, dass das Unternehmen sie rechtzeitig oder überhaupt erhält.",
        "en": "Getting export licenses may be difficult and time-consuming, and there is no assurance the company will receive them on time or at all.",
        "quote": "Obtaining export licenses may be difficult and time-consuming, and there is no assurance we will be issued licenses on a timely basis or at all."
      },
      {
        "de": "Obwohl das Unternehmen sich bemüht, Teile von mehreren qualifizierten Lieferanten zu beziehen, ist dies nicht immer möglich. Daher können einige wichtige Teile nur von einem qualifizierten Lieferanten oder einer begrenzten Gruppe bezogen werden.",
        "en": "Although the company makes reasonable efforts to have parts from several qualified suppliers, this is not always possible. So some key parts may come from only one qualified supplier or a limited group.",
        "quote": "Although we make reasonable efforts to assure that parts are available from multiple qualified suppliers, this is not always possible. Accordingly, some key parts may be obtained from only a qualified single supplier or a limited group of qualified suppliers."
      },
      {
        "de": "Die chinesische Regierung hat 2025 Exportkontrollen für Seltene-Erden-Mineralien eingeführt, die in bestimmten Produkten des Unternehmens verwendet werden, und kann künftig weitere Kontrollen einführen.",
        "en": "In 2025 the Chinese government put export controls on rare earth minerals used in certain of the company's products, and may add more controls later.",
        "quote": "For example, in 2025 the Chinese government implemented export controls on the export of rare earth minerals that are used in certain of our products and may implement additional controls in the future."
      },
      {
        "de": "KI entwickelt sich schnell, und Zeitpunkt sowie Umfang der Investitionen in KI können sich erheblich ändern. Daher ist es schwierig, die Nachfrage nach den KI-bezogenen Produkten des Unternehmens genau vorherzusagen.",
        "en": "AI is evolving rapidly, and the expected timing and amount of AI investments can change significantly. This makes demand for the company's AI-related products difficult to forecast.",
        "quote": "AI is evolving rapidly and the expected timing and amount of investments related to AI can change significantly. As a result, it is difficult to accurately forecast demand for our products related to AI."
      }
    ]
  }
}