Applied Materials reported a record fiscal second quarter with revenue of $7.91 billion, surpassing analyst expectations, driven by strong demand linked to AI investments. Adjusted earnings per share were $2.86, beating estimates, and the company expanded AI-related partnerships and introduced new chipmaking systems. It also announced plans to acquire ASMPT Limited’s NEXX business to enhance its advanced packaging capabilities. The company forecasted even higher revenue for the next quarter, signaling robust growth prospects fueled by the global expansion of AI computing infrastructure.
Applied Materials reported record Q2 2026 revenue of $7.91 billion, an 11% increase year-over-year, with GAAP EPS rising 33% to $3.51. The company benefits from strong demand for semiconductor equipment driven by AI infrastructure build-out and annou...
Craig Johnson of Piper Sandler warns that the US tech sector now makes up 41% of investable assets, a level not seen since the 2000 dot-com bubble peak. This concentration is driven by a few mega-cap stocks like NVIDIA, Apple, and Microsoft, which to...
Concerns about AI disruption have led to lower valuations in the software industry and some financial institutions, while value sectors like energy, materials, utilities, consumer staples, industrials, and real estate saw gains. The Virtus Terranova ...
Applied Materials announced that Arizona State University, Rensselaer Polytechnic Institute, and Stanford University will join its new EPIC Center in Silicon Valley as inaugural research partners. This collaboration aims to accelerate semiconductor i...
Applied Materials is reporting earnings soon, and investors can use a June 400/480 call spread to gain bullish exposure with limited risk and less capital than buying stock outright. This options strategy mimics stock movement but caps potential loss...
