Applied Materials Inc. (AMAT) Q2 2026 (USD): Adj. EPS 2.86 (exp. 2.68), Revenue 7.91bln (exp. 7.68bln), Adj. net income 2.29bln (exp. 2.13bln)

Applied Materials (AMAT) has reported Q2 results that beat expectations both on adjusted earnings per share and revenue, which could signal strong ongoing demand in the semiconductor sector.

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Applied Materials Inc. (AMAT) Q2 2026 (USD): Adj. EPS 2.86 (exp. 2.68), Revenue 7.91bln (exp. 7.68bln), Adj. net income 2.29bln (exp. 2.13bln)

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Guidance:

  • Q3 revenue 8.95bln (exp. 8.09bln).

Commentary:

  • Expect Cos. semiconductor equipment business to grow more than 30% in CY26.
Context

Additionally, the guidance for Q3 revenue also surpasses forecasts and the commentary on expected growth of the semiconductor equipment business suggests robust momentum ahead, likely supporting positive sentiment in both equities and related sectors.

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