Second Quarter Fiscal 2023 Earnings Presentation
May 18, 2023
Applied Materials External
Forward-Looking Statements
This presentation contains forward-looking statements, including those regarding anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, technology transitions, our business and financial performance and market share positions, our capital allocation and cash deployment strategies, our investment and growth strategies, our development of new products and technologies, our business outlook for the third quarter of fiscal 2023 and beyond, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance.
Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products, our ability to meet customer demand, and our suppliers' ability to meet our demand requirements; global economic, political and industry conditions, including rising inflation and interest rates; the implementation and interpretation of new export regulations and license requirements, and their impact on our ability to export products and provide services to customers and on our results of operations; global trade issues and changes in trade and export license policies; our ability to obtain licenses or authorizations on a timely basis, if at all; consumer demand for electronic products; the demand for semiconductors; customers' technology and capacity requirements; the introduction of new and innovative technologies, and the timing of technology transitions; our ability to develop, deliver and support new products and technologies; the concentrated nature of our customer base; our ability to expand our current markets, increase market share and develop new markets; market acceptance of existing and newly developed products; our ability to obtain and protect intellectual property rights in key technologies; our ability to achieve the objectives of operational and strategic initiatives, align our resources and cost structure with business conditions, and attract, motivate and retain key employees; the effects of regional or global health epidemics, including COVID-19; acquisitions, investments and divestitures; changes in income tax laws; the variability of operating expenses and results among products and segments, and our ability to accurately forecast future results, market conditions, customer requirements and business needs; our ability to ensure compliance with applicable law, rules and regulations; and other risks and uncertainties described in our SEC filings, including our recent Forms 10-Q and
8-K. All forward-looking statements are based on management's current estimates, projections and assumptions, and we assume no obligation to update them.
2 | Applied Materials External
UPCOMING
June 1, 2023
June 7, 2023
July 11, 2023
Bernstein Strategic Decisions Conference
BofA Securities Global Technology Conference
Applied Materials technology breakfast at SEMICON West
3 | Applied Materials External
Gary Dickerson
President and Chief Executive Officer
Applied Materials External
Q2F23 Summary
Delivered strong results in high end of guidance range
Successfully managing a dynamic near-term environment
Introducing new products and solutions
2023 Applied Outlook
Outlook remains favorable based on
- Balanced market exposure
- Strong positions at key technology inflections driving demand for our differentiated products
- Growing service business, increasingly subscription-based
2023 Market Outlook
Expect 2023 WFE down Y/Y
- Memory
- Leading-edgeF/L ICAPS*
ICAPS two major long-term demand drivers
- Global transition to clean energy and EVs
- Regionalization of worldwide semiconductor supply chains
Applied is Well Positioned to Outperform our Markets in 2023
* ICAPS = IoT, Communications, Automotive, Power, Sensors; includes 10nm and above nodes
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Applied Materials Inc. published this content on 18 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2023 21:08:07 UTC.