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Company Directory - Applied Materials, Inc.

Company Details - Applied Materials, Inc.

Applied Materials, Inc. Logo

Applied Materials, Inc.

Website

Santa Clara, USA

NASDAQ: AMAT 

ISIN: US0382221053

Applied Materials, Inc. is a global leader in materials engineering solutions used in the semiconductor, display, and related industries. The company provides advanced manufacturing equipment, services, and software that enable the production of next-generation chips and high-performance displays.

CCI Score

CCI Score: Applied Materials, Inc.

-3.87

Latest Event

Investigation into Sanction Breach Over Equipment Sale to SMIC

Applied Materials is under extended investigation by the US government for allegedly shipping semiconductor manufacturing equipment to China's partly state‐owned SMIC without the required export license, raising concerns over potential violations of US sanctions and ethical business practices.

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BYSTANDER

Applied Materials, Inc. is currently rated as a Bystander.

-1 to -4 CCI Score
Companies scoring here do little to oppose authoritarianism. Their inaction results in a passive endorsement of the status quo, as they neither actively resist oppression nor contribute to overt support for it.

Latest Events

  • Investigation into Sanction Breach Over Equipment Sale to SMIC Logo
    MAY
    28
    2024

    Applied Materials is under extended investigation by the US government for allegedly shipping semiconductor manufacturing equipment to China's partly state‐owned SMIC without the required export license, raising concerns over potential violations of US sanctions and ethical business practices.

  • -30

    Public and Political Behavior

    April 8

    The multiple subpoenas from the US Attorney’s Office, SEC, and Commerce Department indicate a pattern of problematic public-political behavior that undermines trust and raises concerns about possible complicity in practices that may indirectly support authoritarian practices. The need for extended investigation highlights potential issues in interactions with government oversight.

    US government extends investigation into Applied Materials for alleged China sanction breach

  • -50

    Business Practices and Ethical Responsibility

    April 8

    The alleged shipment of hundreds of millions of dollars worth of semiconductor manufacturing tools to a sanctioned and partly state-owned entity (SMIC) without proper export licensing raises serious ethical concerns in business practices. This behavior may facilitate technology transfer to a regime with authoritarian tendencies and undermines compliance with regulatory and ethical standards.

    US government extends investigation into Applied Materials for alleged China sanction breach

  • Revolving Door in Lobbying Practices Logo
    JAN
    01
    2024

    An OpenSecrets profile of Applied Materials reveals that a significant number of the company’s lobbyists—20 out of 29 in 2023 and 19 out of 30 in 2024—are former government officials. This revolving door dynamic raises concerns over regulatory capture and corporate influence on public policy.

  • -40

    Political Contributions and Lobbying Efforts

    April 8

    The large proportion of lobbyists who previously held government positions suggests a revolving door situation. Such practices risk undermining democratic processes by blurring the lines between public service and corporate lobbying, potentially leading to regulatory capture and increased corporate influence in political decision-making.

    Applied Materials Inc Profile: Summary • OpenSecrets

  • Applied Materials 2023-2024 PAC Contribution Reporting Logo
    JAN
    01
    2024

    The company’s PAC profile on OpenSecrets shows that Applied Materials Inc raised $76,564 during the 2023-2024 election cycle, reflecting its involvement in political contributions.

  • -20

    Political Contributions and Lobbying Efforts

    April 8

    The reported political contribution, though modest in amount, involves corporate engagement in the political process via PAC funds. From an anti-fascist perspective, any corporate political funding can be seen as amplifying corporate influence, and even moderate contributions may indirectly support structures that allow for authoritarian influence. This earns a slightly negative score as it reinforces corporate political involvement.

    PAC Profile: Applied Materials Inc – OpenSecrets

  • Criminal Investigation Over Export Control Violations Logo
    NOV
    17
    2023

    Applied Materials is under a U.S. criminal investigation for allegedly bypassing export controls by shipping advanced chipmaking equipment to SMIC, a blacklisted Chinese foundry, via South Korea. The company disclosed that it is fully cooperating with government inquiries following a subpoena and ongoing investigation.

  • -40

    Business Practices and Ethical Responsibility

    April 8

    By allegedly bypassing U.S. export controls, Applied Materials is engaging in unethical business practices. Violating export regulations undermines proper oversight and can inadvertently support the technological advancement of authoritarian regimes through illicit channels.

    U.S. Opens Criminal Investigation Into Applied Materials Shipments to China Chipmaker

  • -20

    Technology and Services Impact

    April 8

    The shipment of advanced semiconductor manufacturing equipment to a blacklisted entity directly involves critical technology. This irresponsible transfer not only flouts regulatory mandates, but it also risks enabling the technological capabilities of regimes that may have authoritarian tendencies.

    U.S. Opens Criminal Investigation Into Applied Materials Shipments to China Chipmaker

  • Applied Materials Political Action Committee Overview Logo
    JAN
    01
    2023

    The FEC page for Applied Materials, Inc. Political Action Committee provides an overview of the committee’s historic and current campaign finance data. The listing offers insight into the company’s political contributions and financial activities in the political arena, underlining the role of corporate PACs in influencing policy.

  • -10

    Political Contributions and Lobbying Efforts

    April 8

    The presence and activity of a political action committee, as detailed on the FEC website, indicate that Applied Materials is engaged in political financial activities. While the information is primarily archival and informational, such corporate political contributions can be used to influence policy in ways that may undermine progressive reforms, raising concerns from an anti-authoritarian perspective.

    APPLIED MATERIALS, INC. POLITICAL ACTION COMMITTEE - committee overview

  • Applied Materials Human Rights Benchmark Report Logo
    NOV
    01
    2020

    A World Benchmarking Alliance report on corporate human rights performance in the ICT sector highlights challenges in labor practices including issues like child and forced labor, with Applied Materials representing these sector-wide shortcomings, despite relatively better performance in supply chain ethics.

  • -30

    Labor Relations and Human Rights Practices

    March 18

    The report raises concerns regarding labor practices in the ICT sector. Applied Materials, as part of this sector, is implicated in low performance on key human rights issues such as the prohibition of child and forced labor, fair wages, and reasonable working hours. From an anti-fascist perspective, inadequate labor rights contribute to the broader exploitation that can fuel authoritarian practices.

    Applied Materials ICT Manufacturing

  • +0

    Supply Chain Ethics

    March 18

    While the report indicates that ICT companies, including Applied Materials, perform relatively better on supply chain ethics compared to other sectors, the overall benchmark score remains low. Thus, even though supply chain practices are a marginally positive aspect, they do not offset the broader issues in labor relations.

    Applied Materials ICT Manufacturing

  • Applied Materials Launches Sustainable Supply Chain Initiative Logo
    JUL
    22
    2020

    Applied Materials unveiled its SuCCESS2030 initiative to overhaul its semiconductor and display supply chain. The initiative focuses on reducing carbon emissions, transitioning to recycled packaging, eliminating harmful pre-treatment processes, and promoting ethics, human rights, diversity, and inclusion across its supply chain. The launch reinforces the company’s commitment to environmental sustainability and ethical business practices.

  • +80

    Supply Chain Ethics

    April 8

    The SuCCESS2030 initiative demonstrates a proactive commitment to ethical supply chain practices by emphasizing environmental sustainability, human rights, and diversity. By setting concrete targets such as reducing carbon emissions, eliminating toxic practices, and increasing spending with minority-owned businesses, Applied Materials is enhancing supply chain transparency and accountability in a manner consistent with anti-fascist, socially responsible policies.

    Applied Materials Launches Sustainable Supply Chain Initiative

  • Applied Materials Launches Sustainable Supply Chain Initiative Logo
    JUL
    21
    2020

    Applied Materials unveiled the SuCCESS2030 initiative, a 10-year roadmap designed to promote a sustainable supply chain by reducing emissions, encouraging recycled content packaging, and reinforcing commitments to ethics, human rights, diversity, and inclusion.

  • +85

    Supply Chain Ethics

    July 21

    The SuCCESS2030 initiative specifically targets supply chain ethics by setting ambitious targets such as reducing carbon emissions, transitioning to recycled packaging, and eliminating harmful pre-treatment processes. These measures, along with commitments to promote ethical sourcing and human rights, highlight a strong effort toward sustainable and responsible business practices.

    Applied Materials Launches Sustainable Supply Chain Initiative

  • +80

    Labor Relations and Human Rights Practices

    July 21

    The initiative emphasizes improved labor relations and human rights practices within the supply chain. By promoting diversity and inclusion and holding suppliers to ethical standards, Applied Materials demonstrates a commitment to protecting worker rights and advancing fair labor practices.

    Applied Materials Launches Sustainable Supply Chain Initiative

Corporate Financials

Revenue
2023
$22.00B
Total Assets
2022
$22.00B
Operating Income
2022
$7.20B
Total Equity
2022
$13.00B

Employees: 28,000

Industries

333242
Semiconductor Machinery Manufacturing
334413
Semiconductor and Related Device Manufacturing
334416
Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
334411
Semiconductor and Related Device Manufacturing