Applied Materials expands Besi partnership. Applied Materials stock falls 1.86 percent

Published on 10/07/2026 at 15:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Besi joined EPIC on October 1, 2026. Applied Materials stock costs EUR 462.50 after EUR 471.25, down 1.86 percent on October 7, 2026.

Ingenieure in Bunny-Suits an Wafer-Processing-Anlage in Reinraum-Fabrik — Applied Materials Inc. (US0382221051) zeigt Reinraum-Ingenieure an einer Wafer-Processing-Kammer in moderner Halbleiterfabrik, Illustration mit AI erstellt.

Applied Materials (ISIN US0382221051) was trading at EUR 462.50 at Lang & Schwarz on October 7, 2026 at 2:59 p.m. CEST, down 1.86 percent versus the prior close of EUR 471.25. The latest company event is an expanded advanced-packaging partnership with BE Semiconductor Industries, known as Besi.

Besi joins the EPIC Center

According to GlobeNewswire on October 1, 2026, Besi joined Applied Materials' EPIC Center as an innovation partner. The collaboration extends work that began in 2020 from hybrid bonding into 3D integrated-circuit scaling, logic and memory integration, thermo-compression bonding, panel-scale integration and photonics.

The EPIC Center carries a planned investment of USD 5.00 billion, according to the same release. That figure gives the partnership a clear strategic scale, but the commercial payoff still depends on customers adopting complex packaging processes in high-volume manufacturing.

Revenue sets a higher reference point

Applied Materials reported USD 9.12 billion of revenue in fiscal third quarter 2026, up 25.00 percent from fiscal third quarter 2025, while net income reached USD 2.54 billion, up 43.00 percent year over year, according to Simply Wall St. The comparison matters because the Besi tie-up is being added to a business already producing double-digit growth in both sales and profit.

For investors, the key distinction is timing. The partnership expands the technology roadmap immediately, while revenue recognition depends on equipment demand, customer qualification and the transition from research programs to production orders.

Analyst target and next report

On September 1, 2026, UBS raised its price target for Applied Materials from USD 675.00 to USD 695.00 and maintained a Buy rating, as reported by MarketScreener. The target is in US dollars and is therefore separate from the euro reference price used for German investors.

MarketScreener lists November 11, 2026 as the next earnings release date. That report will show whether fiscal fourth-quarter revenue can build on the USD 9.12 billion fiscal third-quarter base and convert the advanced-packaging narrative into reported operating performance.

Stock trades below prior close

Applied Materials was trading at EUR 462.50 at Lang & Schwarz on October 7, 2026 at 2:59 p.m. CEST, down 1.86 percent versus the Lang & Schwarz prior close of EUR 471.25 on October 6, 2026. The finance quote showed a market capitalization of USD 421.0 billion and a 52-week range of USD 203.40 to USD 739.67 as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Applied Materials stock.