Applied Materials is the global leader in designing, manufacturing, and servicing wafer fabrication equipment used by semiconductor manufacturers worldwide. The company's primary business, Semiconductor Systems, provides a comprehensive portfolio of patterning, deposition, inspection, and packaging equipment for chip fabrication at various technology nodes, while its Applied Global Services division offers maintenance, spare parts, factory automation software, and equipment manufacturing for the installed base. The company generates revenue from manufacturing systems to meet customer orders and backlog, as well as from service subscriptions, maintenance contracts, and spare parts, serving foundry, logic, DRAM, and NAND flash markets across applications ranging from personal computing and mobile devices to data centers, automotive, and industrial electronics.