Applied Materials Posts Record Revenue on AI Chip Demand
Applied Materials, a leading semiconductor equipment maker, reported record third-quarter revenue of $9.12 billion, a 25% increase from the same period last year. The company also raised its outlook for semiconductor systems growth, citing continued demand tied to artificial intelligence infrastructure. The strong performance reflects the ongoing boom in AI-related chip manufacturing, which has driven demand for advanced equipment used in producing semiconductors. The company's results underscore the critical role of AI in shaping the future of technology and manufacturing.
Key facts
- Applied Materials reported record third-quarter revenue of $9.12 billion.
- Revenue increased 25% year-over-year.
- The company raised its outlook for semiconductor systems growth.
- Demand is tied to artificial intelligence infrastructure.
- The report was published on August 14, 2026.
- Applied Materials is a semiconductor equipment maker.
- The company's stock ticker is AMAT.
Entities
Institutions
- Applied Materials
- TSMC
- Intel