AMAT
You’ve read what changed. Here’s whether the market is confirming it.
Market read
AMAT accounts for 12.1% of the group's measured movement across 9.8 effective names. raw member direction is mixed; 7 of 12 session-normalized paths align to the upside. Capital-flow agreement is 52%, so confirmation is not yet clean. No verified headline preceded the measured group move.
AMAT was the first measured mover. AMAT crossed its material path threshold at 15:25 ET. ACLS, ENTG, COHU followed.
5 of 29 members in Semiconductor Manufacturing are active. 0 of 8 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 10 of 29 members or fewer.
Research brief
AMAT accounts for 12.1% of the group's measured movement across 9.8 effective names. raw member direction is mixed; 7 of 12 session-normalized paths align to the upside. Capital-flow agreement is 52%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“Interest expense in the nine months ended July 26, 2026 increased compared to the same period in the prior year, primarily due to our issuance of senior unsecured notes in September 2025.”10-Q · Aug 20, 2026 ↗
“For the nine months ended July 26, 2026, this increase was partially offset by lower customer demand for trailing-edge logic systems.”10-Q · Aug 20, 2026 ↗
“Capital expenditures totaled $2.0 billion and purchases of investments, net of proceeds from sales and maturities of investments, were $908 million and net cash paid for acquisitions was $262 million, partially offset by net proceeds from asset sale of $6 mil…”10-Q · Aug 20, 2026 ↗
“Semiconductor Systems’ operating margin for the nine months ended July 26, 2026 increased compared to the same period in the prior year primarily driven by higher revenue, increases in average selling prices and lower material and manufacturing costs, partial…”10-Q · Aug 20, 2026 ↗
Valuation discipline
Price/sales 14.6× · EV/sales 14.5×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:45 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for AMAT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for AMAT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“Dickerson started his semiconductor career in manufacturing and engineering management at General Motors’ Delco Electronics Division and then AT&T Technologies.”
“Dickerson started his semiconductor career in manufacturing and engineering management at General Motors’ Delco Electronics Division and then AT&T Technologies.”
Depended on by
“Our two largest revenue customers in fiscal years 2025, 2024 and 2023 were Applied Materials, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 16 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
AMAT is currently a Participant in the organic co-movement group Semiconductor Manufacturing. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.