Applied Materials Reports Q4 Earnings, Raises Guidance as AI Drives Strong Chip Demand (CORRECTED)
Editor’s note: This story has been updated to correct the analyst estimates used for comparison. Applied Materials Inc (NASDAQ: AMAT ) reported financial results for the fourth quarter of fiscal 2026 after the market close on Thursday. Here’s a rundown of the report . Applied Materials stock is in the spotlight today. Why is AMAT stock trending? Applied Materials Q4 Highlights Applied Materials…
Applied Materials reported stronger-than-expected financial results for the fourth quarter of fiscal 2026, with revenue and earnings surpassing analyst estimates. The chip equipment manufacturer's stock is currently trending due to the company's positive outlook. The AI-driven demand for semiconductors has been a key factor in AMAT's success, as the company has built a portfolio to advance the AI-computing roadmap.
Applied Materials president and CEO Gary Dickerson highlighted the company's position for multi-year revenue and profit growth. The company guided for first-quarter revenue of $11.1 billion, with adjusted earnings expected to range from $4.15 to $4.55 per share. After-hours trading saw AMAT shares down 0.33%, trading at $379.67 as of the publication time.
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