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Applied Materials set to report strong Q2 earnings on AI chip demand surge

Company Fundamentals
13 Aug 2026
Gordon Thompson
View Source
Bullish
pluang ai news

Applied Materials, a leading supplier of semiconductor manufacturing equipment, is expected to report strong Q2 earnings on August 13, 2026, driven by increased demand for AI chips. Analysts forecast earnings per share around $3.39-$3.40, up from $2.48 last year, and revenue near $9 billion, up from $7.3 billion. The company benefits directly from chipmakers expanding production for AI applications, reflected in its rising stock price and high investor expectations. The upcoming report will provide insight into the semiconductor industry's outlook amid the AI boom.

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