Applied Materials
AMATQ4 2022Estimated5% AI
AI Revenue %
5%
AI Fair Value
$5.8B
AI Revenue (Q)
$326.0M
Total Revenue (Q)
$6.5B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
10-K annual filing. Full year Semiconductor Systems = $18,797M of $25,785M total. End-use: foundry/logic 66%, DRAM 19%, Flash 15%. AI mentioned only generically as 'emerging end-market driver' alongside IoT, 5G, smart vehicles. No quantification of AI-specific demand. DRAM at 19% was not yet driven by HBM for AI. Conservative estimate of 5% total revenue serving AI chip fabrication. Math: $25,785M x 5% = ~$1,289M annual estimated AI revenue, or ~$6,449M x 5% = ~$322M for Q4 alone (implied Q4 = $25,785M - $19,036M nine-month = $6,749M).
Analyzed by claude-opus-4-6
Quoted Figures
The growth of data and emerging end-market drivers such as artificial intelligence, the Internet of Things, 5G networks, smart vehicles and augmented and virtual reality are also creating the next wave of growth for the industry.
MD&A Overview, 10-K ended Oct 30, 2022
Semiconductor Systems net revenue $18,797M [FY2022]; Foundry, logic and other 66%, DRAM 19%, Flash memory 15%
Segment Note, 10-K ended Oct 30, 2022
AI Products Identified (Ring 1)
Leading-edge deposition equipmentEtch systems for advanced logicCMP 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 equipmentMature node foundry equipmentFlash memory equipmentDisplay equipmentApplied Global Services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix