Applied Materials
Makes the machines that factories use to make chips.
📖 Its story
In 1967, Michael McNeilly and some coworkers started a small company in California. Their idea was to make the machines other companies needed to build chips. Today almost every chip in the world passes through one of its machines.
💵 How it makes money
It sells very expensive machines to chip makers and charges them to keep the machines running.
🤯 Fun fact
It is one of the biggest makers in the world of equipment for making semiconductors (chips).
👍 The good part
Without its machines, it would be very hard to make the chips in phones and computers.
⚠️ The risk
When chip makers spend less on new factories, its sales go down.
🧠 Did you get it?
What does Applied Materials make?
🗂️ Quick facts
- Founded in: 1967
- Founded by: Michael McNeilly and other partners
- Home: Santa Clara, California, USA
🔎 How to find it on the stock market
- Search the internet for AMAT stock.
- You can also find it in your parents' investing app with the letters AMAT.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Applied Materials. Ask your mom or dad to join the list.
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