Funding
Applied Targets 54% Gross Margins by 2030
Applied is aiming for gross margins of 54% and operating margins of 40% by 2030. The company plans to return approximately 90% of its free cash flow to shareholders. Service revenues, expected to exceed $12 billion, will contribute significantly to these margins. Applied also plans to expand into the KLAC inspection market and increase R&D and manufacturing capacity to support advanced AI chips and packaging.