Gross Profit Trends Compared: Applied Materials, Inc. vs Microchip Technology Incorporated

Tech Giants' Gross Profit: A Decade of Growth and Competition

__timestampApplied Materials, Inc.Microchip Technology Incorporated
Wednesday, January 1, 201438430000001128743000
Thursday, January 1, 201539520000001229564000
Friday, January 1, 201645110000001205464000
Sunday, January 1, 201765320000001757196000
Monday, January 1, 201878170000002420700000
Tuesday, January 1, 201963860000002931300000
Wednesday, January 1, 202076920000003242100000
Friday, January 1, 2021109140000003378800000
Saturday, January 1, 2022119930000004449600000
Sunday, January 1, 2023123840000005697900000
Monday, January 1, 2024128970000004995700000
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In pursuit of knowledge

Gross Profit Trends: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, Applied Materials, Inc. and Microchip Technology Incorporated have carved distinct paths in their financial journeys. Over the past decade, from 2014 to 2024, Applied Materials has consistently outperformed Microchip Technology in terms of gross profit. Starting at $3.8 billion in 2014, Applied Materials saw a remarkable growth of over 230%, reaching approximately $12.9 billion by 2024. In contrast, Microchip Technology began with a modest $1.1 billion and experienced a steady increase, peaking at nearly $5.7 billion in 2023, before slightly declining to $5 billion in 2024.

This comparison highlights the dynamic nature of the semiconductor industry, where strategic investments and market positioning play crucial roles. As we look to the future, these trends offer valuable insights into the competitive strategies and market resilience of these two industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025