BRIEFINGS · Chips and AI hardware
Applied Materials reports record revenue of $9.12 billion and raises its 2026 chip-equipment outlook on AI demand
Applied Materials, a top maker of chip-factory equipment, reported record revenue, guided higher and said AI is driving unprecedented demand.
On 13 August 2026 Applied Materials, a US maker of equipment used to build chips, reported record revenue of $9.12 billion for its third quarter, up 25% from a year earlier, and guided next-quarter revenue to $10.25 billion, plus or minus $500 million. Its chief executive said the rapid adoption of AI is driving unprecedented demand and that the company is raising its 2026 revenue expectations for its chip-equipment business (Applied Materials SEC filing, 13 August 2026, and call transcript).
Why we file it. Another builder of chip factories says AI is lifting its orders.
How we read it. Strong on the company's own figures. Guidance can change.
Why it matters to you: when chip-factory suppliers expand, more AI chips follow.
What this doesn't prove
Company's own figures and guidance, which can change.
Next fixture
- Fourth-quarter results against the $10.25 billion guide
Sources
- Applied Materials Announces Third Quarter 2026 Results (8-K Ex. 99.1)13 August 2026
- Applied Materials Q3 2026 earnings call transcript13 August 2026
Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.
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