Applied Materials Posts Higher Profit, Revenue on Continued AI Demand - WSJ

Applied Materials Posts Higher Profit, Revenue on Continued AI Demand  WSJ

SemiconductorsAmerican chip equipment maker reports record earnings driven by AI demandApplied Materials reported a record $9.12 billion in total revenue during the May-July quarter driven by strong AI demand. © ReutersYIFAN YUAugust 14, 2026 07:37 JSTPALO ALTO, California -- Applied Materials, a top U.S. supplier of c

Applied Materials sees revenue above estimates, shares fall on high expectations  Reuters

Aug 13 : Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment.Yet, its shares fell 5 per cent in extended trading on high investor expectations h