Applied Materials Announces Third Quarter 2026 Results - Yahoo Finance

Applied Materials reported strong third-quarter results for fiscal year 2026, with revenue reaching $9.12 billion, up 25% year-over-year. Non-GAAP earnings per share rose 41% to $3.50, while gross mar... Read original →

Applied Materials' strong third-quarter performance underscores the explosive demand for semiconductor materials engineering driven by the global AI boom. Revenue and earnings growth reflect robust demand for advanced equipment, particularly amid NVIDIA's influence on chip manufacturing. The company's R&D expansion and strategic partnerships signal a deepening tech ecosystem, though geopolitical tensions—especially under U.S. export controls affecting Taiwan, China—pose supply chain risks. Competitors like ASML and KLA may accelerate investments in AI-related inspection and deposition tools to capture market share. Over the next 12–24 months, sustained AI compute demand will keep capital expenditure high, with Applied Materials' capacity expansion likely determining its leadership position. Margin improvements indicate the industry is entering a high-value competition phase.