Applied Materials specializes in lithium-ion battery technology, focusing on next-generation coating technologies and the production of lithiated anodes to improve battery performance, energy density, and cost-effectiveness. The company also advances semiconductor technologies like silicon carbide power semiconductors to enhance electric vehicle efficiency and battery performance.
Applied Materials does not directly manufacture batteries but provides advanced manufacturing tools and processes for battery cells, including next-generation coating technologies and facilities for large-scale lithiated anode production, supporting battery cell manufacturers and automotive companies.
In 2025, Applied Materials spun out Elevated Materials, a company producing ultra-thin, uniform lithium films for next-generation lithium-ion batteries using advanced roll-to-roll vacuum deposition. Applied Materials previously planned a $100 million federally backed lithiated anode manufacturing plant in Lynchburg, Virginia, but abandoned these plans in 2024. Current efforts focus on advancing materials engineering and enabling partners to drive battery innovations.
Applied Materials, Inc. (NASDAQ: AMAT) is publicly traded, with institutional investors holding about 80.6% of its outstanding shares. Over the past year, institutional investors registered total inflows of $18.8B and outflows of $13.9B. Major institutional shareholders include Verus Capital Partners LLC, One Wealth Capital Management LLC, and AE Wealth Management LLC. Its venture arm, Applied Ventures, LLC, invests globally in startups across deep tech and semiconductor sectors, but specific funding round details are not publicly disclosed.
