Applied Materials and GlobalFoundries are collaborating to create a waveguide fabrication facility in Singapore for AI-driven photonics solutions.
Quiver AI Summary
Applied Materials, Inc. has announced a strategic partnership with GlobalFoundries (GF) to build a cutting-edge waveguide fabrication facility in Singapore, aimed at enhancing the development of photonics technology for AI-driven applications like augmented reality (AR). This collaboration is seen as a pivotal step in utilizing photonics as a key technology for next-generation AI experiences that require efficient and high-performance optical systems. Applied Materials will produce waveguide components in collaboration with GF, utilizing their semiconductor manufacturing expertise to foster innovation in display technologies and drive the adoption of future devices. Both companies emphasize the importance of this partnership in advancing the photonics ecosystem in Singapore.
Potential Positives
- Applied Materials has established a strategic collaboration with GlobalFoundries to create a state-of-the-art waveguide fabrication facility in Singapore, positioning itself at the forefront of the photonics technology sector for AI applications.
- The partnership allows Applied Materials to leverage GlobalFoundries' high-volume manufacturing capabilities, enhancing production efficiency and scalability of advanced photonic components.
- This collaboration is expected to advance the development of innovative technologies that are crucial for the next generation of augmented reality devices, aligning with the growing demand for human-centric digital experiences.
Potential Negatives
- Collaboration with GlobalFoundries may indicate a reliance on third-party partnerships which could pose risks if the partnership does not yield the expected results or faces operational challenges.
- The focus on photonics and AI applications may suggest that other areas of technology or markets are being deprioritized, which could alienate certain stakeholders.
- The press release does not address potential competitive responses or barriers to adoption for the technology being developed, leaving uncertainty about market reception and project viability.
FAQ
What is the collaboration between Applied Materials and GlobalFoundries?
Applied Materials and GlobalFoundries have partnered to establish a waveguide fabrication facility in Singapore, focusing on photonics for AI applications.
Why is photonics important for AI applications?
Photonics is crucial for enabling advanced technologies like augmented reality, which require efficient and high-performance optical systems.
Where will the new waveguide fabrication facility be located?
The waveguide fabrication facility will be located in Singapore, enhancing the local photonics ecosystem.
Who is leading the effort in materials engineering for this collaboration?
Applied Materials is leading the materials engineering efforts, leveraging its decades of semiconductor expertise in the collaboration.
What benefits will the partnership bring to the tech industry?
The partnership aims to drive innovation in photonics, accelerating the adoption of next-generation devices in AI and digital experiences.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AMAT Congressional Stock Trading
Members of Congress have traded $AMAT stock 15 times in the past 6 months. Of those trades, 9 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $AMAT stock by members of Congress over the last 6 months:
- REPRESENTATIVE DAN NEWHOUSE purchased up to $15,000 on 08/18.
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 07/22 and 1 sale worth up to $15,000 on 08/04.
- SENATOR ANGUS S. KING JR. purchased up to $15,000 on 07/21.
- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 3 times. They made 3 purchases worth up to $45,000 on 06/06, 05/05, 04/09 and 0 sales.
- SENATOR MARKWAYNE MULLIN has traded it 2 times. They made 1 purchase worth up to $50,000 on 05/13 and 1 sale worth up to $100,000 on 04/08.
- REPRESENTATIVE JEFFERSON SHREVE has traded it 4 times. They made 2 purchases worth up to $150,000 on 04/17, 04/11 and 2 sales worth up to $200,000 on 05/12, 05/08.
- SENATOR JOHN BOOZMAN sold up to $15,000 on 04/16.
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 04/08.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$AMAT Insider Trading Activity
$AMAT insiders have traded $AMAT stock on the open market 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $AMAT stock by insiders over the last 6 months:
- GARY E DICKERSON (President and CEO) has made 2 purchases buying 50,000 shares for an estimated $6,865,081 and 0 sales.
- ADAM SANDERS (Corp. Controller & CAO) has made 0 purchases and 2 sales selling 1,012 shares for an estimated $165,546.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AMAT Hedge Fund Activity
We have seen 1,221 institutional investors add shares of $AMAT stock to their portfolio, and 1,052 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL INTERNATIONAL INVESTORS removed 9,160,845 shares (-71.0%) from their portfolio in Q2 2025, for an estimated $1,677,075,894
- CAPITAL WORLD INVESTORS removed 8,288,582 shares (-67.9%) from their portfolio in Q2 2025, for an estimated $1,517,390,706
- SANDERS CAPITAL, LLC added 7,698,260 shares (+inf%) to their portfolio in Q2 2025, for an estimated $1,409,320,458
- ALLIANCEBERNSTEIN L.P. added 5,700,349 shares (+72.5%) to their portfolio in Q2 2025, for an estimated $1,043,562,891
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC added 4,819,994 shares (+inf%) to their portfolio in Q2 2025, for an estimated $882,396,301
- FMR LLC removed 4,034,469 shares (-44.3%) from their portfolio in Q2 2025, for an estimated $738,590,239
- CAPITAL RESEARCH GLOBAL INVESTORS added 3,802,187 shares (+493.6%) to their portfolio in Q2 2025, for an estimated $696,066,374
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$AMAT Analyst Ratings
Wall Street analysts have issued reports on $AMAT in the last several months. We have seen 11 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 09/22/2025
- JP Morgan issued a "Overweight" rating on 08/15/2025
- Evercore ISI Group issued a "Outperform" rating on 08/15/2025
- Wolfe Research issued a "Outperform" rating on 08/15/2025
- Cantor Fitzgerald issued a "Overweight" rating on 08/15/2025
- Wells Fargo issued a "Overweight" rating on 08/15/2025
- Stifel issued a "Buy" rating on 08/15/2025
To track analyst ratings and price targets for $AMAT, check out Quiver Quantitative's $AMAT forecast page.
$AMAT Price Targets
Multiple analysts have issued price targets for $AMAT recently. We have seen 22 analysts offer price targets for $AMAT in the last 6 months, with a median target of $200.0.
Here are some recent targets:
- Steve Barger from Keybanc set a target price of $220.0 on 09/23/2025
- Shane Brett from Morgan Stanley set a target price of $209.0 on 09/22/2025
- Vijay Rakesh from Mizuho set a target price of $175.0 on 09/12/2025
- Louis Miscioscia from Daiwa Capital set a target price of $170.0 on 08/20/2025
- Joseph Quatrochi from Wells Fargo set a target price of $205.0 on 08/15/2025
- Chris Caso from Wolfe Research set a target price of $200.0 on 08/15/2025
- Brian Chin from Stifel set a target price of $180.0 on 08/15/2025
Full Release
SANTA CLARA, Calif. and SINGAPORE, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced a strategic collaboration with GlobalFoundries (GF) to establish a state-of-the-art waveguide fabrication facility at GF Singapore to accelerate the emerging photonics inflection driven by AI.
The collaboration marks a significant milestone in the evolution of photonics as a foundational technology for next-generation AI applications, including augmented reality (AR) and human-centric digital experiences that require ultra-efficient, lightweight and high-performance optical systems. Applied Materials will develop waveguide components with GF as its high-volume manufacturing partner in Singapore, leveraging decades of semiconductor expertise.
“Photonics is rapidly becoming a critical enabler of augmented reality glasses that put humans at the center of the AI experience, and Applied Materials is uniquely positioned to lead this transformation,” said Dr. Paul Meissner, Vice President and General Manager of Applied Materials’ Photonics Platforms Business in the Office of the CTO. “The collaboration with GlobalFoundries allows Applied to extend our leadership in materials engineering and deliver highly integrated display technologies.”
“GlobalFoundries is proud to partner with Applied Materials to advance photonics innovation in Singapore,” said Yew Kong Tan, senior vice president and general manager, APAC Manufacturing and Singapore Site at GF. “By combining our global semiconductor manufacturing expertise with Applied’s cutting-edge materials engineering, we’re delivering innovative technology solutions that will drive and scale adoption of next generation devices.”
The collaboration builds on the emerging and vibrant photonics ecosystem in Singapore, encompassing materials, sensors, integration, assembly, test, and applications.
About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at
www.appliedmaterials.com
.
Contacts:
Ricky Gradwohl
(Media) 408.235.4676
Liz Morali
(Financial Community) 408.986.7977
