Applied Materials vs VAT Group AG: AI supply-chain exposure compared
The verdict
Applied Materials carries the heavier AI-chain exposure (Applied Materials 62/100 vs VAT Group AG 45/100). They share 3 parts of the chain — including Foundry capacity, Packaging capacity, HBM. Each owns 1 binding node.
Based on 4 mapped exposures for Applied Materials and 3 for VAT Group AG.
Applied MaterialsAMAT · Chips- Chain weight
- 62/100
- Parts exposed
- 4
- Layers spanned
- 1
- Bottlenecks owned
- 1
VAT Group AGVACN.SW · Chips- Chain weight
- 45/100
- Parts exposed
- 3
- Layers spanned
- 1
- Bottlenecks owned
- 1
Where they overlap
Only Applied Materials
Frequently asked
Is Applied Materials or VAT Group AG more exposed to the AI supply chain?
Applied Materials, on the model's chain-weight (Applied Materials 62/100 vs VAT Group AG 45/100).
What do Applied Materials and VAT Group AG have in common in the AI chain?
Both are exposed to Foundry capacity, Packaging capacity, HBM.
How is this Applied Materials vs VAT Group AG comparison made?
From THE ENTITY's model of the AI value chain — each company's exposures to the parts of the chain, weighted by how central those parts are and its role. Structural, not a price target.
A structural comparison from our model of the AI value chain — illustrative, not investment advice.
as of 2026-07-17Medium confidence model v0.7.0