{
  "id": 1586433,
  "title": "Applied Materials Trades More Than 25% Below Its High With Revenue at a Record",
  "url": "https://urgent.news/2026/08/16/applied-materials-trades-more-than-25-below-its-high-with-revenue-at-1586433",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T15:01:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/applied-materials-trades-more-25-150100547.html"
  },
  "original_language": "en",
  "account": "Applied Materials (NASDAQ: AMAT) closed Thursday's fiscal third-quarter report 28% below its 52-week high of $739.67, trading at $534.54. The company reported record revenue of $9.1 billion, a 25% increase year-over-year. Non-GAAP earnings per share reached a record $3.50, up 41% from the previous quarter. Operating income and cash flow also set new records, with the latter exceeding $3 billion. Management guided fiscal fourth-quarter revenue to $10.25 billion, with a potential range of plus or minus $500 million, representing a 51% year-over-year growth. The stock fell about 5% in after-hours trading despite the strong performance. Management expects 51% year-over-year growth in fiscal Q3 and 25% growth in Q4, with non-GAAP earnings per share anticipated to reach $4.02, an 85% increase. The demand behind these numbers is driven by artificial intelligence (AI) build-out, with leading-edge chipmaking, DRAM, and advanced packaging accounting for about 80% of the growth in the wafer fab equipment market in 2026 and 2027.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Applied Materials Trades More Than 25% Below Its High With Revenue at a Record",
        "url": "https://urgent.news/2026/08/16/applied-materials-trades-more-than-25-below-its-high-with-revenue-at",
        "published": "2026-08-16T14:41:00.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Applied Materials Trades More Than 25% Below Its High With Revenue at a Record",
        "url": "https://urgent.news/2026/08/16/applied-materials-trades-more-than-25-below-its-high-with-revenue-at-1298748",
        "published": "2026-08-16T15:01:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}