Applied Materials Expects Service Revenue to Grow More Than 20% in 2026, Surpass $12 Bln by 2030

Oct 13 (Reuters) - Applied Materials Inc AMAT.O:

• APPLIED MATERIALS - TO DISTRIBUTE 80-100 PERCENT OF FREE CASH FLOW TO SHAREHOLDERS OVER TIME

• APPLIED MATERIALS - TARGETS NON-GAAP GROSS MARGIN OF 54 PERCENT AND OPERATING MARGIN OF 40 PERCENT BY 2030

• APPLIED MATERIALS - SERVICE REVENUE EXPECTED TO GROW OVER 20 PERCENT IN 2026, EXCEED $12 BILLION BY 2030

• APPLIED MATERIALS - TO MORE THAN DOUBLE RESEARCH AND DEVELOPMENT LAB AND MANUFACTURING CAPACITY BY 2030

• APPLIED MATERIALS - EBEAM EQUIPMENT PORTFOLIO EXPECTED TO GENERATE $2 BILLION REVENUE IN 2026

• APPLIED MATERIALS - TARGETS OVER 2 PERCENT WFE MARKET SHARE GAIN FROM 2025 TO 2030

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