The Most Important Tech Company You’ve Never Heard of Is a Major Reason Computers Keep Getting Faster

Process engineers in a clean room at Applied Materials’ Silicon Valley R&D facility.

Applied Materials is a major player in the tech industry, but many people have never heard of it1. The company is a key reason why computers keep getting faster and more capable1. Applied Materials works with chip makers to develop the tools and technologies needed to create ever-smaller and more powerful computer chips1.

The Atomic Level

The way tech companies continue to deliver ever-faster and more capable computers is undergoing a profound change—at the atomic level1. Applied Materials and its competitors work hand in glove with chip makers to develop the tools and technologies needed to create ever-smaller and more powerful computer chips2.

Research Facility

Applied Materials is investing up to $4 billion in a new research facility in California to conduct research on tools for making semiconductors3. The facility will be used to develop new technologies and techniques for creating computer chips3.

Chip Demand

Applied Materials is enjoying a wave of new orders as chip makers upgrade to the latest manufacturing techniques5. The company's operating income hit a record of $1.1 billion, up 41% year over year4. CEO Gary Dickerson has said that the company is "tools up for more chip demand"4.

Conclusion

Applied Materials is a major player in the tech industry, but many people have never heard of it. The company is a key reason why computers keep getting faster and more capable. Applied Materials works with chip makers to develop the tools and technologies needed to create ever-smaller and more powerful computer chips. The company's investment in a new research facility in California is a sign of its commitment to staying at the forefront of the industry.