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.
Chip equipment stocks, led by Lam Research's 5% rise, outperformed the broader semiconductor sector on Friday. Applied Materials and KLA Corp. also gained 4% and 3%, respectively, as investors focused on the tools layer, which reflects future chipmak...
Steve Eisman recommends investing in chip suppliers like Micron, SK Hynix, ASML, KLA, Lam Research, and Applied Materials rather than chip designers amid the AI arms race. These suppliers have outperformed Nvidia in 2026, benefiting from strong AI-dr...
