Applied Materials, Inc. vs Freeport-McMoRan Inc — how do they compare? Applied Materials, Inc. trades at $507.02 (market cap $435.21B), while Freeport-McMoRan Inc trades at $66.78 (market cap $96.91B). The key difference: Applied Materials, Inc. is far larger — about 4.5× Freeport-McMoRan Inc's market cap, and Freeport-McMoRan Inc pays the higher dividend (0.87%). Which is the better fit depends on your goals.
| AMAT | FCX | |
|---|---|---|
Market Cap | $435.21B | $96.91B |
Sector | Technology | Basic Materials |
52-Week High | $723.00 | $71.73 |
52-Week Low | $156.25 | $35.34 |
Enterprise Value | $434.24B | $103.19B |
Dividend Yield | 0.39% | 0.87% |
Signals from Pluang's Aura AI — not financial advice
Applied Materials (AMAT) trades at $534.54, up 1.7% with strong bullish momentum driven by AI semiconductor demand. The stock shows robust fundamentals with 29.31% net margins and consistent earnings beats, though valuations remain elevated at 51.57 P/E. Technical indicators signal bullish momentum with support at $536 and resistance at $552. Recent CEO commentary highlights unprecedented industry growth as AI drives semiconductor equipment demand.
Outlook remains positive with 76.9% analyst buy ratings and $662.82 consensus target offering 24% upside. Key risks include cyclical semiconductor demand and execution challenges in scaling production. The AI-driven equipment supercycle provides multi-year growth runway, but investors should monitor margin sustainability amid increased competition.
FCX trades at $66.83, down 2.98% on the day, but maintains a bullish technical trend with strong analyst support. The company has beaten earnings estimates for three consecutive quarters, with Q3 2026 expected at $0.72 EPS. Revenue remains stable around $25.9B, while net income margin improved to 11.38% in 2026. Recent news highlights operational challenges like lower copper volumes but also growth initiatives at Grasberg and Bagdad.
The outlook is positive with a consensus price target of $73.85, implying ~10% upside. Key opportunities include exposure to high copper prices and expansion projects, while risks involve production volatility, cost pressures, and reliance on commodity cycles. The stock's valuation appears elevated with a P/E of 33.93, requiring sustained earnings growth to justify further gains.
Trailing returns across standard periods
Latest headlines on both assets
Applied Materials is the world's largest supplier of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography. Key tools include those for chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect-inspection scanning electron microscopes.
Read more on AMAT →Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →