Annual Revenue Comparison: Applied Materials, Inc. vs Intel Corporation

A Decade of Revenue Growth: Applied Materials vs. Intel

In the ever-evolving semiconductor industry, revenue trends offer a glimpse into the strategic maneuvers of key players. From 2014 to 2023, Applied Materials, Inc. and Intel Corporation have showcased contrasting revenue trajectories. Applied Materials has seen a remarkable growth, with its revenue more than doubling, from approximately $9 billion in 2014 to over $27 billion in 2023. This represents a robust annual growth rate, highlighting its strategic positioning in the market.

Conversely, Intel's revenue peaked in 2021 at around $79 billion but has since experienced a decline, dropping to about $54 billion by 2023. This 32% decrease over two years may reflect challenges in adapting to market shifts or increased competition. As we look to 2024, Intel's data remains elusive, leaving industry watchers eager for updates. These trends underscore the dynamic nature of the semiconductor landscape, where innovation and adaptation are key.