Applied Materials vs Texas Instruments (AMAT vs TXN)
Applied Materials (AMAT) vs Texas Instruments (TXN) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Applied Materials (AMAT) and Texas Instruments (TXN) compete in semiconductors. Here are Applied Materials and Texas Instruments side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Applied Materials or Texas Instruments.
Applied Materials vs Texas Instruments: the figures
| Figure | Applied Materials | Texas Instruments |
|---|---|---|
| Share price | $369.40 (November 4, 2026) | $311.49 (November 4, 2026) |
| Market cap | $293.2 billion | $284.8 billion |
| P/E (TTM) | 31.9x | 40.4x |
| Forward P/E | 19.9x | 26.9x |
| Revenue growth (quarter) | +24.8% | +27.7% |
| Net margin (TTM) | 30.1% | 34.3% |
| Net debt / EBITDA | Net cash | 0.5x |
| Dividend yield | 0.56% | 1.95% |
| Beta | 1.67 | 1.39 |
Applied Materials and Texas Instruments figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Applied Materials or Texas Instruments figure is not available, and we never estimate it.
3 key differences between Applied Materials and Texas Instruments
- Valuation: Texas Instruments trades at 40.4x its annual earnings and Applied Materials at 31.9x; the market pays more for each dollar of Texas Instruments profit, usually because it expects more growth.
- Dividend: Texas Instruments yields 1.95% at today's price and Applied Materials yields 0.56%.
- Profitability: for every 100 of sales, Texas Instruments keeps 34.3 as net profit and Applied Materials keeps 30.1.
Applied Materials or Texas Instruments: which fits your profile
- If you want growth: Texas Instruments is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Texas Instruments pays the higher dividend relative to its price.
- If you prefer caution: Applied Materials has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Applied Materials trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Applied Materials nor Texas Instruments wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Applied Materials and Texas Instruments make money
Applied Materials (AMAT)
Applied Materials builds the equipment chipmakers use to deposit, etch and inspect layers on silicon wafers. Its Semiconductor Systems segment brings in most revenue, while Applied Global Services sells spare parts, upgrades and service contracts for machines already installed. Key customers include TSMC, Samsung and Intel, with Asia as the largest market. Full Applied Materials analysis.
Texas Instruments (TXN)
Texas Instruments makes chips in its own factories. Analog, its largest segment, covers power management and signal chain chips used in all kinds of devices, while Embedded Processing sells microcontrollers and processors. Industrial and automotive customers are its biggest end markets, followed by personal electronics. Full Texas Instruments analysis.
Frequently asked questions: Applied Materials vs Texas Instruments
Is Applied Materials or Texas Instruments the better stock?
Choosing between Applied Materials and Texas Instruments depends on what you are looking for. Texas Instruments is growing faster right now, and Applied Materials trades on the lower P/E. Fintols does not tell you whether to buy Applied Materials or Texas Instruments: it shows you the differences so you can decide.
Which pays a higher dividend, Applied Materials or Texas Instruments?
As of November 4, 2026, Texas Instruments yields 1.95% and Applied Materials yields 0.56%. Also check how much of their profit Applied Materials and Texas Instruments pay out: if it is more than they earn, it cannot last.
Which is more expensive, Applied Materials or Texas Instruments?
On P/E, Texas Instruments (40.4x) is more expensive than Applied Materials (31.9x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Applied Materials and Texas Instruments?
Yes. Many people spread their money across several companies, such as Applied Materials and Texas Instruments, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Applied Materials or Texas Instruments.
More comparisons with Applied Materials or Texas Instruments
- Applied Materials vs Intel
- Applied Materials vs Qualcomm
- Applied Materials vs Broadcom
- Intel vs Texas Instruments
More companies like Applied Materials and Texas Instruments: semiconductors stocks. Educational content about Applied Materials and Texas Instruments, not investment advice.