Applied Materials targets about 54% non-GAAP gross margin by 2030 under AI-led wafer fab equipment growth plan

• Applied Materials set targets through 2030 as AI infrastructure drives sustained wafer fab equipment demand.
• Plans to gain more than 2 percentage points of WFE market share from 2025 to 2030.
• Aims for non-GAAP gross margin of about 54% and non-GAAP operating margin of about 40% by 2030.
• Commits to distribute 80% to 100% of free cash flow to shareholders over time.
• Intends to more than double R&D lab and manufacturing capacity from current levels by 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Materials Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610131245PRIMZONEFULLFEED9844640) on October 13, 2026, and is solely responsible for the information contained therein.