Advertisement
AMAT vs ASX
Which Stock Would AI Choose? Applied Materials (AMAT) vs. ASE Technology (ASX) Stock Comparison
Key Takeaways
- Applied Materials (AMAT) operates in the front-end semiconductor equipment space, while ASE Technology (ASX) focuses on back-end assembly, packaging, and test services, creating distinct exposure within the same industry.
- AMAT recently reported record Q2 2026 revenue of $7.91 billion, reflecting resilient demand for advanced manufacturing tools amid broader chip sector volatility.
- ASX maintains a leading position in outsourced semiconductor assembly and test (OSAT), benefiting from growing complexity in advanced packaging for AI and high-performance computing chips.
- Recent market activity shows AMAT with notable year-to-date gains exceeding 120 percent, though both stocks have experienced sector-driven fluctuations tied to global supply chain and demand trends.
- Risk profiles differ: AMAT faces equipment order cyclicality and geopolitical tensions in key markets, whereas ASX contends with utilization rates and competition in packaging services.
- Relative performance and sentiment hinge on semiconductor capital expenditure cycles, with each company positioned differently for near-term industry momentum.
Introduction
This comparison examines Applied Materials (AMAT) and ASE Technology (ASX), two semiconductor-related equities that offer investors exposure to different stages of the chip production value chain. Traders and investors focused on technology sector dynamics, supply chain resilience, and relative valuation within the semiconductor ecosystem may find the analysis relevant. The discussion highlights observable business models, recent performance patterns, and market positioning without projecting future outcomes. Such a side-by-side review supports informed evaluation of how these stocks have responded to shared industry conditions over recent weeks and months.
AMAT Overview and Recent Performance
Applied Materials (AMAT) designs and supplies equipment used in the fabrication of semiconductors, displays, and related products. The company holds a prominent role in deposition, etching, and other front-end processes critical to advanced chip manufacturing. In recent market activity, shares have reflected broader semiconductor sector movements, including a rebound supported by strength in certain regional markets. Second-quarter 2026 results featured record revenue of $7.91 billion, up 11 percent year over year, alongside improved margins and earnings per share. These figures contributed to positive sentiment amid ongoing capital expenditure by chipmakers. Year-to-date returns have exceeded 120 percent, though the stock has traded within a wide 52-week range influenced by macroeconomic factors and industry cycles.
ASX Overview and Recent Performance
ASE Technology (ASX) provides outsourced semiconductor assembly, packaging, and testing services through its global network of facilities. As a leading provider in the back-end segment, the company supports the final stages of chip production, including advanced packaging solutions increasingly demanded by high-performance and artificial intelligence applications. Recent market activity for ASX has aligned with overall semiconductor supply chain trends, with performance influenced by utilization levels and customer order patterns. The firm continues to benefit from industry shifts toward more sophisticated packaging technologies. Broader sector volatility has affected share price movements, consistent with peers in the assembly and test space, while longer-term positioning remains tied to expanding chip complexity and volume growth.
Trending AI Robots
Tickeron’s Trending AI Robots page showcases a curated selection of AI trading bots drawn from hundreds available across thousands of tickers. Only those demonstrating the strongest alignment with prevailing market conditions earn placement in this section. Available bots encompass a wide range of trading styles, strategies, timeframes, performance metrics, and ticker universes, allowing users to identify options suited to varied risk tolerances and objectives. Statistics on the platform highlight diverse outcomes, with some bots recording win rates above 60 percent or annualized returns in double digits during favorable periods, though results vary significantly by strategy. This resource offers traders a data-driven starting point for exploring automated approaches. Visit Trending AI Robots to review current selections.
Head-to-Head Comparison
Applied Materials (AMAT) and ASE Technology (ASX) operate at complementary yet distinct points in the semiconductor supply chain. AMAT supplies capital equipment for wafer fabrication, exposing it directly to front-end capacity expansions and technology node transitions. In contrast, ASX delivers back-end services, benefiting from rising demand for advanced packaging without owning manufacturing equipment. Growth drivers therefore differ: AMAT tracks equipment spending cycles, while ASX follows assembly volumes and packaging complexity. Recent momentum has favored AMAT following its strong quarterly results, whereas ASX performance has tracked utilization trends more closely. Risk factors include AMAT’s sensitivity to export restrictions and customer concentration, versus ASX’s exposure to labor costs and facility utilization. Sector exposure remains semiconductor-centric for both, yet market sentiment has shown divergence based on upstream versus downstream indicators.
Tickeron AI Verdict
Based on observable factors such as recent trend consistency, earnings stability, and relative positioning within the semiconductor equipment and services landscape, Tickeron’s AI models currently indicate a modest probabilistic preference for Applied Materials (AMAT) over ASE Technology (ASX). This assessment draws from stronger reported revenue growth and margin expansion in the most recent quarter, alongside broader market recovery signals in front-end equipment demand. However, outcomes remain subject to evolving industry conditions, and the models assign meaningful probability to continued volatility for both equities.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is AMAT is a StrongBuy and ASX is a Buy.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
AMAT’s FA Score shows that 4 FA rating(s) are green whileASX’s FA Score has 2 green FA rating(s).
- AMAT’s FA Score: 4 green, 1 red.
- ASX’s FA Score: 2 green, 3 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
AMAT’s TA Score shows that 3 TA indicator(s) are bullish while ASX’s TA Score has 3 bullish TA indicator(s).
- AMAT’s TA Score: 3 bullish, 5 bearish.
- ASX’s TA Score: 3 bullish, 5 bearish.
Price Growth
AMAT (@Electronic Production Equipment) experienced а -2.94% price change this week, while ASX (@Semiconductors) price change was -6.37% for the same time period.
The average weekly price growth across all stocks in the @Electronic Production Equipment industry was -6.02%. For the same industry, the average monthly price growth was -16.18%, and the average quarterly price growth was +59.41%.
The average weekly price growth across all stocks in the @Semiconductors industry was -5.82%. For the same industry, the average monthly price growth was -11.70%, and the average quarterly price growth was +53.17%.
Reported Earning Dates
AMAT is expected to report earnings on Aug 13, 2026.
ASX is expected to report earnings on Jul 23, 2026.
Industries' Descriptions
@Electronic Production Equipment (-6.02% weekly)The electronic production equipment industry makes equipment used to produce semiconductors. Such equipment includes wafer fabrication, plasma etching and photo-resist processing equipment. The industry also makes chemical vapor deposition processing systems and photomasks, which are high-purity quartz plates that contain patterns to define integrated circuits layouts. Applied Materials, Inc., Lam Research Corporation, and KLA-Tencor Corporation are examples of electronic production equipment manufacturing companies.
@Semiconductors (-5.82% weekly)The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.
| AMAT | ASX | AMAT / ASX | |
| Capitalization | 457B | 91.9B | 497% |
| EBITDA | 11.1B | 137B | 8% |
| Gain YTD | 124.454 | 154.460 | 81% |
| P/E Ratio | 54.13 | 63.65 | 85% |
| Revenue | 29B | 671B | 4% |
| Total Cash | 8.24B | N/A | - |
| Total Debt | 7.27B | N/A | - |
AMAT | ASX | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 79 | 79 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 77 Overvalued | 60 Fair valued | |
PROFIT vs RISK RATING 1..100 | 15 | 2 | |
SMR RATING 1..100 | 24 | 61 | |
PRICE GROWTH RATING 1..100 | 2 | 34 | |
P/E GROWTH RATING 1..100 | 7 | 4 | |
SEASONALITY SCORE 1..100 | 85 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ASX's Valuation (60) in the Semiconductors industry is in the same range as AMAT (77) in the Electronic Production Equipment industry. This means that ASX’s stock grew similarly to AMAT’s over the last 12 months.
ASX's Profit vs Risk Rating (2) in the Semiconductors industry is in the same range as AMAT (15) in the Electronic Production Equipment industry. This means that ASX’s stock grew similarly to AMAT’s over the last 12 months.
AMAT's SMR Rating (24) in the Electronic Production Equipment industry is somewhat better than the same rating for ASX (61) in the Semiconductors industry. This means that AMAT’s stock grew somewhat faster than ASX’s over the last 12 months.
AMAT's Price Growth Rating (2) in the Electronic Production Equipment industry is in the same range as ASX (34) in the Semiconductors industry. This means that AMAT’s stock grew similarly to ASX’s over the last 12 months.
ASX's P/E Growth Rating (4) in the Semiconductors industry is in the same range as AMAT (7) in the Electronic Production Equipment industry. This means that ASX’s stock grew similarly to AMAT’s over the last 12 months.
| AMAT | ASX | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 70% | 1 day ago 71% |
| Stochastic ODDS (%) | 1 day ago 78% | 1 day ago 61% |
| Momentum ODDS (%) | 1 day ago 70% | 1 day ago 76% |
| MACD ODDS (%) | 1 day ago 64% | 1 day ago 67% |
| TrendWeek ODDS (%) | 1 day ago 64% | 1 day ago 60% |
| TrendMonth ODDS (%) | 1 day ago 78% | 1 day ago 72% |
| Advances ODDS (%) | 4 days ago 78% | 5 days ago 75% |
| Declines ODDS (%) | 12 days ago 64% | 1 day ago 60% |
| BollingerBands ODDS (%) | 1 day ago 63% | 1 day ago 64% |
| Aroon ODDS (%) | 1 day ago 75% | 1 day ago 69% |
Advertisement
AMAT and
Correlation & Price change
A.I.dvisor indicates that over the last year, AMAT has been closely correlated with LRCX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if AMAT jumps, then LRCX could also see price increases.
| Ticker / NAME | Correlation To AMAT | 1D Price Change % | ||
|---|---|---|---|---|
| AMAT | 100% | -4.50% | ||
| LRCX - AMAT | 89% Closely correlated | -5.83% | ||
| KLAC - AMAT | 87% Closely correlated | -4.00% | ||
| NVMI - AMAT | 79% Closely correlated | -4.87% | ||
| ASML - AMAT | 79% Closely correlated | -3.97% | ||
| QCOM - AMAT | 75% Closely correlated | -2.74% | ||
More | ||||
ASX and
Correlation & Price change
A.I.dvisor indicates that over the last year, ASX has been closely correlated with LRCX. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASX jumps, then LRCX could also see price increases.
| Ticker / NAME | Correlation To ASX | 1D Price Change % | ||
|---|---|---|---|---|
| ASX | 100% | -4.92% | ||
| LRCX - ASX | 75% Closely correlated | -5.83% | ||
| AMKR - ASX | 74% Closely correlated | -6.26% | ||
| KLAC - ASX | 74% Closely correlated | -4.00% | ||
| AMAT - ASX | 73% Closely correlated | -4.50% | ||
| KLIC - ASX | 73% Closely correlated | -6.10% | ||
More | ||||