Applied Materials
AMATQ1 2022Estimated5% AI
AI Revenue %
5%
AI Fair Value
$5.6B
AI Revenue (Q)
$313.6M
Total Revenue (Q)
$6.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
AMAT does not disclose AI-specific revenue. Semiconductor Systems = $4,734M of $6,520M total. End-use: foundry/logic 66%, DRAM 15%, Flash 19%. Filing mentions 'foundry and logic spending increased driven by customer investment in both advanced and mature nodes' but does not quantify AI vs non-AI. AI chip demand (leading-edge logic for GPUs, early HBM) was a small fraction of overall equipment demand in mid-2022. Conservative estimate: ~5% of total revenue attributable to equipment serving AI chip production. Math: $6,520M x 5% = ~$326M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Semiconductor Systems $4,734 [Q3 net sales]
Segment Data, 10-Q ended Jul 31, 2022
Foundry and logic spending increased in the three and nine months ended July 31, 2022 compared to the same periods in the prior year driven by customer investment in both advanced and mature nodes.
MD&A, 10-Q ended Jul 31, 2022
AI Products Identified (Ring 1)
Leading-edge deposition equipmentEtch systems for advanced logic nodesCMP for advanced packaging
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
ICAPS equipment (IoT, automotive, power, sensors)Mature node foundry equipmentDisplay equipmentApplied Global Services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix