Applied Materials
AMATQ2 2023Estimated5% AI
AI Revenue %
5%
AI Fair Value
$6.4B
AI Revenue (Q)
$331.5M
Total Revenue (Q)
$6.6B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Semiconductor Systems = $4,977M of $6,630M total. End-use: foundry/logic 84%, DRAM 11%, Flash 5%. Again, foundry/logic driven 'primarily by customer investment in mature manufacturing nodes.' Memory spending lower due to weak consumer electronics. ICAPS/mature dominated. No AI-specific figures. Math: $6,630M x 5% = ~$332M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Foundry and logic spending increased in the three and six months ended April 30, 2023 compared to the same periods in the prior year driven primarily by customer investment in mature manufacturing nodes.
MD&A, 10-Q ended Apr 30, 2023
Semiconductor Systems $4,977M; Foundry, logic and other 84%, DRAM 11%, Flash memory 5%
Segment Data, 10-Q ended Apr 30, 2023
AI Products Identified (Ring 1)
Leading-edge deposition equipmentEtch systems for advanced logic
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.
Mature node foundry equipment (ICAPS)DRAM equipmentFlash memory equipmentDisplay equipmentApplied Global Services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix