---
title: "AMAT vs LRCX"
canonical: "https://supercyclehq.com/compare/amat-vs-lrcx"
type: "comparison"
dataAsOf: "2026-11-06"
tickers: ["AMAT", "LRCX"]
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Applied Materials (AMAT) vs Lam Research (LRCX)

Both are tracked in the Supercycle AI universe. End-of-day data, updated nightly.

| Measure | AMAT | LRCX |
| --- | --- | --- |
| AI Exposure Score | 78 (Core) | 50 (Strategic) |
| Price | $332.71 | $200.44 |
| Market cap | $264.0B | $250.8B |
| Change 1d | +4.22% | +8.23% |
| Change 30d | -34.71% | -37.48% |
| Change 1y | +45.41% | +26.37% |
| P/E | 28.71 | 29.87 |
| Buildout layers | Chip Equipment & Foundries | Chip Equipment & Foundries |

## Applied Materials (AMAT)

**AI exposure:** 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.

Applied Materials sits in the Chip Equipment & Foundries layer of the buildout, supplying the machines that make AI chips possible. Chipmakers need its deposition, etch, and inspection equipment to fabricate leading-edge AI processors and memory, and AI-driven fab capacity is now the dominant demand engine for semiconductor equipment spending. That puts the AI cycle at the center of its thesis and earns it an AI Exposure Score of 78 out of 100.

Full profile: https://supercyclehq.com/stock/applied-materials.md

## Lam Research (LRCX)

**AI exposure:** 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.

Lam Research sits in the Chip Equipment & Foundries layer of the AI buildout. Its deposition and etch equipment fabricates the AI logic chips and the high-bandwidth memory those chips require, making Lam essential whenever foundries and memory makers add AI capacity. That expansion is a key demand driver for its tools. Orders still cycle with overall semiconductor capital spending, so the AI wave lifts a business that remains tied to the broader chip cycle.

Full profile: https://supercyclehq.com/stock/lam-research.md

## Related comparisons

- [ASML vs AMAT](https://supercyclehq.com/compare/asml-vs-amat.md)

---

Source: https://supercyclehq.com/compare/amat-vs-lrcx. Data as of 2026-11-06. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.