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Applied Materials Reports Record Revenue on Strong Chip Equipment Demand

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SANTA CLARA, Calif.– Applied Materials (AMAT) announced fourth-quarter and fiscal 2026 results with record Q4 revenue of $10.41 billion, GAAP diluted EPS of $3.40 and raised expectations for the coming quarter.

Applied Materials’ revenue rose 53% to $10.41 billion and it guided to about $11.1 billion for its next quarter. Before the report, the company had expected quarterly revenue of approximately $10.25 billion, with adjusted earnings of $4.02 per share.

The results highlight the continued investment in semiconductor manufacturing capacity driven by artificial intelligence.

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