Exhibit 99.1

	CONTACT:
	Howard Clabo (editorial/media) 408.748.5775
NEWS RELEASE	Michael Sullivan (financial community) 408.986.7977

APPLIED MATERIALS ANNOUNCES THIRD QUARTER OF FISCAL 2009 RESULTS

SANTA CLARA, Calif., August 11, 2009 — Applied Materials, Inc. today reported results for its third fiscal quarter ended July 26, 2009. Net sales were $1.13 billion, and the GAAP net loss was $55 million, or $0.04 per share. The company also reported a non-GAAP net loss for the period of $2 million, or breakeven per share.

     “In a difficult environment, Applied improved its operating performance and generated significant cash flow while making substantial investments in new technologies for next-generation semiconductor chips, flat panel displays and solar panels,” said Mike Splinter, chairman and CEO.

GAAP Results

	Q3 FY ‘09			Q2 FY ‘09			Q3 FY ‘08
Net sales	$1.13 billion			$1.02 billion			$1.85 billion
Net income (loss)	($55 million)			($255 million)			$165 million
Earnings (loss) per share		($0.04	)		($0.19	)	$	0.12

Non-GAAP Results

	Q3 FY ‘09			Q2 FY ‘09			Q3 FY ‘08
Non-GAAP net income (loss)	($2 million)			($136 million)			$228 million
Non-GAAP earnings (loss) per share		($0.00	)		($0.10	)	$	0.17

     The non-GAAP results exclude the impact of any of the following for a particular quarter: investment impairments, equity-based compensation, restructuring and asset impairments, acquisition-related costs, ceasing implant development, and amounts associated with the resolution of income tax audits. A reconciliation of the GAAP and non-GAAP results is provided in the financial statements included in this release.

Order and Backlog Summary

     New orders for the quarter totaled $1.07 billion. Regional distribution was: Southeast Asia and China 25 percent, Taiwan 24 percent, Japan 14 percent, North America 14 percent, Europe 12 percent, and Korea 11 percent. Within the Silicon Systems Group (SSG), new order composition was: foundry 42 percent, DRAM 25 percent, logic and other 18 percent, and flash 15 percent. Backlog for the company as of the end of the quarter was $2.95 billion, down from $3.16 billion in the previous quarter.

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Reportable Segment Results

	Q3 FY ‘09							Q2 FY ‘09							Q3 FY ‘08
					Operating							Operating							Operating
	New		Net		Income			New		Net		Income			New		Net		Income
(In millions)	Orders		Sales		(Loss)			Orders		Sales		(Loss)			Orders		Sales		(Loss)
SSG	$	542	$	498	$	56		$	259	$	260	$	(96	)	$	793	$	756	$	172
Applied Global Services	$	298	$	343	$	24		$	236	$	319	$	(1	)	$	541	$	607	$	145
Display	$	96	$	69	$	(5	)	$	13	$	84	$	1		$	374	$	311	$	103
Energy and Environmental Solutions	$	136	$	224	$	(53	)	$	141	$	357	$	(93	)	$	322	$	174	$	(85	)

Use of Non-GAAP Financial Measures

     Management uses non-GAAP results to evaluate the company’s operating and financial performance in light of business objectives and for planning purposes. These measures are not in accordance with GAAP and may differ from non-GAAP methods of accounting and reporting used by other companies. Applied believes these measures enhance investors’ ability to review the company’s business from the same perspective as the company’s management and facilitate comparisons of this period’s results with prior periods. The presentation of this additional information should not be considered a substitute for results prepared in accordance with GAAP.

Webcast Information

     Applied Materials will discuss these results during an earnings call that begins at 1:30 p.m. Pacific Time today. A live webcast will be available at www.appliedmaterials.com.

Forward-Looking Statements

     This press release contains forward-looking statements, including statements regarding Applied’s performance and the industry environment. Forward-looking statements may contain words such as “expect,” “believe,” “may,” “can,” “should,” “will,” “forecast” or similar expressions, and include the assumptions that underlie such statements. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including but not limited to: the level of demand for nanomanufacturing technology products, which is subject to many factors, including uncertain global economic and industry conditions, the duration and severity of the recession, customers’ ability to acquire sufficient capital, business and consumer spending, demand for electronic products and semiconductors, governmental renewable energy policies and incentives, and customers’ utilization rates and capacity requirements, including capacity utilizing the latest technology; variability of operating results among the company’s segments caused by differing conditions in the served markets; Applied’s ability to (i) develop, deliver and support a broad range of products, expand its markets and develop new markets, (ii) timely implement and maintain effective cost reduction programs, realize expected benefits, and align its cost structure with business conditions, (iii) plan and manage its resources and production capability, including its supply chain, (iv) implement initiatives that enhance global operations and

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efficiencies, (v) obtain and protect intellectual property rights in key technologies, and (vi) attract, motivate and retain key employees; and other risks described in Applied Materials’ SEC filings. All forward-looking statements are based on management’s estimates, projections and assumptions as of the date hereof. The company undertakes no obligation to update any forward-looking statements.

     Applied Materials, Inc. (Nasdaq: AMAT) is the global leader in Nanomanufacturing Technology™ solutions with a broad portfolio of innovative equipment, services and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy-efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.

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APPLIED MATERIALS, INC.
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS

	Three Months Ended					Nine Months Ended
	July 26,			July 27,		July 26,			July 27,
(In thousands, except per share amounts)	2009			2008		2009			2008
Net sales	$	1,133,740		$	1,848,168	$	3,487,213		$	6,085,563
Cost of products sold		808,866			1,105,854		2,615,244			3,441,440
Gross margin		324,874			742,314		871,969			2,644,123
Operating expenses:
Research, development and engineering		234,052			268,559		699,927			828,900
General and administrative		88,487			129,341		330,808			367,352
Marketing and selling		79,518			115,944		248,311			359,271
Restructuring and asset impairments		—			138		159,481			49,634
Income (loss) from operations		(77,183	)		228,332		(566,558	)		1,038,966
Pre-tax loss of equity method investment		—			6,308		34,983			25,660
Impairment of equity method investment and strategic investments		2,341			—		79,422			—
Interest expense		4,893			4,859		15,945			15,660
Interest income		10,233			25,399		37,257			88,383
Income (loss) before income taxes		(74,184	)		242,564		(659,651	)		1,086,029
Provision (benefit) for income taxes		(19,319	)		77,796		(216,462	)		356,378
Net income (loss)	$	(54,865	)	$	164,768	$	(443,189	)	$	729,651
Earnings (loss) per share:
Basic	$	(0.04	)	$	0.12	$	(0.33	)	$	0.54
Diluted	$	(0.04	)	$	0.12	$	(0.33	)	$	0.53
Weighted average number of shares:
Basic		1,333,278			1,350,526		1,331,410			1,359,492
Diluted		1,333,278			1,367,557		1,331,410			1,375,656

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APPLIED MATERIALS, INC.
CONSOLIDATED CONDENSED BALANCE SHEETS

	July 26,			October 26,
(In thousands)	2009			2008
ASSETS
Current assets:
Cash and cash equivalents	$	1,555,470		$	1,411,624
Short-term investments		583,188			689,044
Accounts receivable, net		842,169			1,691,027
Inventories		1,748,507			1,987,017
Deferred income taxes, net		304,706			388,807
Income taxes receivable		421,935			125,605
Other current assets		308,817			371,033
Total current assets		5,764,792			6,664,157
Long-term investments		990,167			1,367,056
Property, plant and equipment		2,876,731			2,831,952
Less: accumulated depreciation and amortization		(1,788,673	)		(1,737,752	)
Net property, plant and equipment		1,088,058			1,094,200
Goodwill, net		1,171,740			1,174,673
Purchased technology and other intangible assets, net		327,351			388,429
Equity method investment		—			79,533
Deferred income taxes and other assets		238,173			238,270
Total assets	$	9,580,281		$	11,006,318
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	1,203		$	1,068
Accounts payable and accrued expenses		1,056,532			1,545,355
Customer deposits and deferred revenue		911,485			1,225,735
Income taxes payable		69,763			173,394
Total current liabilities		2,038,983			2,945,552
Long-term debt		201,200			201,576
Other liabilities		326,489			310,232
Total liabilities		2,566,672			3,457,360
Stockholders’ equity:
Common stock		13,337			13,308
Additional paid-in capital		5,198,613			5,095,894
Retained earnings		10,896,826			11,601,288
Treasury stock		(9,100,915	)		(9,134,962	)
Accumulated other comprehensive income (loss)		5,748			(26,570	)
Total stockholders’ equity		7,013,609			7,548,958
Total liabilities and stockholders’ equity	$	9,580,281		$	11,006,318

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APPLIED MATERIALS, INC.
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

	Nine Months Ended
	July 26,			July 27,
(In thousands)	2009			2008
Cash flows from operating activities:
Net income (loss)	$	(443,189	)	$	729,651
Adjustments required to reconcile net income (loss) to cash provided by (used in) operating activities:
Depreciation and amortization		219,609			240,039
Loss on fixed asset retirements		16,165			27,880
Provision for bad debts		62,539			—
Restructuring and asset impairments		159,481			49,634
Deferred income taxes		96,117			(60,886	)
Excess tax benefits from equity-based compensation plans		—			(5,406	)
Net recognized loss (gain) on investments		13,083			(1,244	)
Pretax loss of equity-method investment		34,983			25,660
Impairment of equity-method investment and strategic investments		79,422			—
Equity-based compensation		116,114			135,165
Changes in operating assets and liabilities, net of amounts acquired:
Accounts receivable		786,319			534,104
Inventories		238,510			(504,555	)
Other current assets		49,990			77,593
Other assets		(7,134	)		(4,383	)
Accounts payable and accrued expenses		(632,193	)		530,347
Customer deposits and deferred revenue		(314,250	)		(127,423	)
Income taxes		(419,297	)		(66,603	)
Other liabilities		36,527			4,578
Cash provided by operating activities		92,796			1,584,151
Cash flows from investing activities:
Capital expenditures		(187,804	)		(209,512	)
Cash paid for acquisition, net of cash acquired		—			(235,324	)
Proceeds from sales and maturities of investments		1,121,026			4,514,648
Purchases of investments		(649,417	)		(4,608,845	)
Cash provided by (used in) investing activities		283,805			(539,033	)
Cash flows from financing activities:
Debt repayments		(241	)		(1,854	)
Proceeds from common stock issuances		29,406			334,575
Common stock repurchases		(22,906	)		(1,199,984	)
Excess tax benefits from equity-based compensation plans		—			5,406
Payment of dividends to stockholders		(239,756	)		(245,559	)
Cash used in financing activities		(233,497	)		(1,107,416	)
Effect of exchange rate changes on cash and cash equivalents		742			108
Increase (decrease) in cash and cash equivalents		143,846			(62,190	)
Cash and cash equivalents — beginning of period		1,411,624			1,202,722
Cash and cash equivalents — end of period	$	1,555,470		$	1,140,532
Supplemental cash flow information:
Cash payments for income taxes	$	139,625		$	349,914
Cash payments for interest	$	7,212		$	7,243

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APPLIED MATERIALS, INC.
RECONCILIATION OF GAAP TO NON-GAAP RESULTS

	Three Months Ended									Nine Months Ended
	July 26,			April 26,			July 27,			July 26,			July 27,
(In thousands, except per share amounts)	2009			2009			2008			2009			2008
Non-GAAP Net Income (Loss)
Reported net income (loss) (GAAP basis)	$	(54,865	)	$	(255,390	)	$	164,768		$	(443,189	)	$	729,651
Equity-based compensation expense		43,334			39,172			46,121			116,114			135,165
Certain items associated with acquisitions 1		22,425			24,824			41,109			73,274			103,291
Restructuring and asset impairments 2,3,4		—			26,709			138			159,481			49,634
Costs associated with ceasing development of beamline implant products 5		—			—			156			—			1,436
Impairment of equity method investment and strategic investments		2,341			77,081			—			79,422			—
Income tax effect of non-GAAP adjustments and resolution of audits of prior years’ income tax filings		(14,791	)		(48,040	)		(24,601	)		(125,770	)		(85,069	)
Non-GAAP net income (loss)	$	(1,556	)	$	(135,644	)	$	227,691		$	(140,668	)	$	934,108
Non-GAAP Net Income (Loss) Per Diluted Share
Reported net income (loss) per diluted share (GAAP basis)	$	(0.04	)	$	(0.19	)	$	0.12		$	(0.33	)	$	0.53
Equity-based compensation expense		0.02			0.02			0.02			0.06			0.07
Certain items associated with acquisitions		0.01			0.01			0.02			0.04			0.05
Restructuring and asset impairments		—			0.01			—			0.08			0.02
Costs associated with ceasing development of beamline implant products		—			—			—			—			—
Impairment of equity method investment and strategic investments		—			0.05			—			0.05			—
Resolution of audits of prior years’ income tax filings		—			(0.01	)		—			—			—
Non-GAAP net income (loss) — per diluted share	$	(0.00	)	$	(0.10	)	$	0.17		$	(0.11	)	$	0.68
Shares used in diluted shares calculation		1,333,278			1,331,729			1,367,557			1,331,410			1,375,656

1	These items are incremental charges attributable to acquisitions consisting of inventory fair value adjustments on products sold and amortization of purchased intangible assets.
2	Results for the three months ended April 26, 2009 included asset impairment charges of $15 million related to wafer cleaning equipment and restructuring charges of $12 million primarily associated with a restructuring program announced on November 12, 2008. Results for the nine months ended July 26, 2009 included asset impairment charges of $15 million related to wafer cleaning equipment and restructuring charges of $145 million associated with a restructuring program announced on November 12, 2008.
3	Results for the nine months ended July 27, 2008 included restructuring charges of $38 million associated with a global cost reduction plan.
4	Results for the three and nine months ended July 27, 2008 included restructuring and asset impairment charges of $138,000 and $12 million, respectively, associated with ceasing development of beamline implant products.
5	Results for the three and nine months ended July 27, 2008 included other operating charges of $156,000 and $1 million, respectively, associated with ceasing development of beamline implant products.