Industry Segment Operations (Tables)

12 Months Ended

Oct. 26, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting

Information for each reportable segment for and as of the end of each fiscal year were as follows:

	Semiconductor Systems			Applied Global Services			Corporate and Other		Total
	(In millions, except percentages)
2025:
Net revenue	$	20,798		$	6,385		$	1,185	$	28,368
Costs of products sold	9,530			4,251			779		14,560
Gross profit	$	11,268		$	2,134		$	406	$	13,808
Gross margin	54.2		%	33.4		%			48.7		%
Operating expenses:
Research, development and engineering	3,042			126			402		3,570
Selling, general and administrative	847			216			705		1,768
Restructuring charges	—			—			181		181
Operating income (loss)	$	7,379		$	1,792		$	(882)	$	8,289
Operating margin	35.5		%	28.1		%			29.2		%
Depreciation and amortization	$	192		$	26		$	217	$	435
Capital expenditures	$	507		$	57		$	1,696	$	2,260
Accounts receivable	$	3,733		$	1,269		$	183	$	5,185
Inventories	$	3,444		$	2,301		$	170	$	5,915
Goodwill	$	2,476		$	1,032		$	199	$	3,707

	Semiconductor Systems			Applied Global Services			Corporate and Other		Total
	(In millions, except percentages)
2024
Net revenue	$	19,911		$	6,225		$	1,040	$	27,176
Costs of products sold	9,379			4,088			812		14,279
Gross profit	$	10,532		$	2,137		$	228	$	12,897
Gross margin	52.9		%	34.3		%			47.5		%
Operating expenses:
Research, development and engineering	2,684			114			435		3,233
Selling, general and administrative	867			211			719		1,797
Operating income (loss)	$	6,981		$	1,812		$	(926)	$	7,867
Operating margin	35.1		%	29.1		%			28.9		%
Depreciation and amortization	$	168		$	22		$	202	$	392
Capital expenditures	$	425		$	35		$	730	$	1,190
Accounts receivable	$	3,816		$	1,297		$	121	$	5,234
Inventories	$	2,988		$	2,306		$	127	$	5,421
Goodwill	$	2,460		$	1,032		$	240	$	3,732

	Semiconductor Systems			Applied Global Services			Corporate and Other		Total
	(In millions, except percentages)
2023
Net revenue	$	19,698		$	5,732		$	1,087	$	26,517
Costs of products sold	9,456			3,911			766		14,133
Gross profit	$	10,242		$	1,821		$	321	$	12,384
Gross margin	52.0		%	31.8		%			46.7		%
Operating expenses:
Research, development and engineering	2,544			101			457		3,102
Selling, general and administrative	819			191			618		1,628
Operating income (loss)	$	6,879		$	1,529		$	(754)	$	7,654
Operating margin	34.9		%	26.7		%			28.9		%
Depreciation and amortization	$	235		$	31		$	249	$	515
Capital expenditures	$	381		$	39		$	686	$	1,106
Accounts receivable	$	3,943		$	1,111		$	111	$	5,165
Inventories	$	3,433		$	2,073		$	219	$	5,725
Goodwill	$	2,460		$	1,032		$	240	$	3,732

Schedule of Disaggregation of Revenue

Net revenue for Semiconductor Systems by market for the periods indicated were as follows:

	2025		2024		2023
Foundry, logic and other	67	%	68	%	77	%
Dynamic random-access memory (DRAM)	26	%	28	%	17	%
Flash memory (NAND)	7	%	4	%	6	%
	100	%	100	%	100	%

Schedule of Net Revenue and Long-Lived Assets

Net revenue and long-lived assets by geographic region for and as of each fiscal year were as follows:

 

	2025		2024		2023
	(In millions)
Net revenue:
United States	$	3,063	$	3,818	$	4,006
China	8,529		10,117		7,247
Korea	5,608		4,493		4,609
Taiwan	6,857		4,010		5,670
Japan	2,273		2,154		2,075
Europe	962		1,443		2,152
Southeast Asia	1,076		1,141		758
Total outside United States	25,305		23,358		22,511
Consolidated total	$	28,368	$	27,176	$	26,517

	October 26, 2025		October 27, 2024
	(In millions)
Long-lived assets:
United States	$	5,071	$	3,759
China	8		3
Korea	9		9
Taiwan	67		59
Japan	6		7
Europe	155		113
Southeast Asia	21		5
Total outside United States	266		196
Consolidated total	$	5,337	$	3,955