BRIEF — Applied Materials Expects Service Revenue to Grow More Than 20% in 2026, Surpass $12 Bln by 2030

Oct 13 (Reuters) — Applied Materials Inc: Applied Materials - To Distribute 80-100 Percent Of Free Cash Flow To Shareholders Over Time Applied Materials - Targets Non-gaap Gross Margin Of 54 Percent And Operating Margin Of 40 Percent By 2030 Applied Materials - Service Revenue Expected To Grow Over 20 Percent In 2026, Exceed $12 Billion By 2030 Applied Materials - To More Than Double Research And Development Lab And Manufacturing Capacity By 2030 Applied Materials - Ebeam Equipment Portfolio Expected To Generate $2 Billion Revenue In 2026 Applied Materials - Targets Over 2 Percent Wfe Market Share Gain From 2025 To 2030 Further company coverage: AMAT.O