{"data":[{"ticker":"AMAT","slug":"applied-materials","name":"Applied Materials","exchange":"NASDAQ","sector":"Technology","layers":["chip-equipment"],"exposure":{"score":78,"tier":"Core","rationale":"Applied Materials sells deposition, etch, and inspection equipment that chipmakers need to fabricate leading-edge AI processors and memory. AI-driven fab capacity is now the dominant demand engine for semicap spending, making the cycle central to the thesis."},"price":332.71,"change24hPct":4.22,"marketCap":264041775104},{"ticker":"LRCX","slug":"lam-research","name":"Lam Research","exchange":"NASDAQ","sector":"Technology","layers":["chip-equipment"],"exposure":{"score":50,"tier":"Strategic","rationale":"Sells deposition and etch equipment used to fabricate AI logic chips and the high-bandwidth memory they require. AI-driven capacity expansion at foundries and memory makers is a key demand driver, though orders cycle with all chip capex."},"price":200.44,"change24hPct":8.23,"marketCap":250835501056}],"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.229Z","tier":"free","source":"https://supercyclehq.com/compare/amat-vs-lrcx","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/compare/amat-vs-lrcx","html":"https://supercyclehq.com/compare/amat-vs-lrcx","md":"https://supercyclehq.com/compare/amat-vs-lrcx.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}