Applied Materialsvs.Lam Research
AMAT vs LRCX · both in Semiconductor equipment & IP, part of the AI & digital infrastructure value chain: The machines and chip IP advanced semiconductor manufacturing cannot do without.
Applied Materials and Lam Research are similar in size by market cap; Applied Materials trades at the lower P/E (45.8 vs 56.2); year to date, Applied Materials leads (+88.4% vs +81.2%).
Side by side
| AMAT | LRCX | |
|---|---|---|
| Market cap | $424B | $408B |
| Price | $480.04 | $314.66 |
| Today | −0.9% | +1.4% |
| Return YTD | +88.4% | +81.2% |
| Return 1Y | +198.0% | +209.9% |
| P/E | 45.8 | 56.2 |
| P/S | 13.8 | 17.6 |
| P/B | 17.8 | 32.7 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
Applied MaterialsAMAT
Applied Materials covers more steps of chipmaking than any other equipment vendor: deposition, etch, implantation, inspection, and the packaging tools that stack AI chips.
Full AMAT profile →Lam ResearchLRCX
Etch and deposition tools, strongest where HBM memory and 3D stacking need them.
Full LRCX profile →More AMAT & LRCX comparisons
Other head-to-heads in the Semiconductor equipment & IP segment.
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