Important BUY AMAT Stage 2 (Conv: 5/5 | Size: 20%)
Applied Materials projects China revenue to grow in 2026 despite US curbs
American chip equipment maker reports record earnings driven by AI demand Applied Materials reported a record $9.12 billion in total revenue during the May-July quarter driven by strong AI demand. © Reuters PALO ALTO, California — Applied Materials, a top U.S. supplier of chipmaking equipment, reported record earnings Thursday and raised revenue expectations for 2026 […]
By deepak · August 13, 2026 · 1 min read
American chip equipment maker reports record earnings driven by AI demand
Applied Materials reported a record $9.12 billion in total revenue during the May-July quarter driven by strong AI demand. © Reuters
PALO ALTO, California — Applied Materials, a top U.S. supplier of chipmaking equipment, reported record earnings Thursday and raised revenue expectations for 2026 on strong demand for semiconductors needed for an AI infrastructure buildout.
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