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Applied Materials Hits Record $7.91 Billion Revenue as AI Demand Fuels 31% Profit Surge

AMAT8-KFiling Date: 5/14/2026
Applied Materials, Inc.
Description

What this story covers

Applied Materials achieved record Q2 2026 revenue of $7.91 billion, driven by surging AI demand. With net income up 31% and a bullish 30% industry growth forecast, the company is aggressively expanding capacity to lead the semiconductor equipment market.

Story snapshot

CompanyApplied Materials, Inc.
TickerAMAT
VariantStandard detailed
Duration5:21
Filing type8-K
PeriodQ2 2026
IndustryTechnology
Accession0001628280-26-035071
Sources1

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Primary Sources

sec_filing8-KView on SEC.gov →

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