{
  "id": 19747644,
  "title": "Applied Materials posts impressive 53% jump in revenue as it beats expectations again",
  "url": "https://urgent.news/2026/11/13/applied-materials-posts-impressive-53-jump-in-revenue-as-it-beats",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T02:09:46.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/11/12/applied-materials-posts-an-impressive-53-jump-in-revenue-as-it-beats-expectations-again/"
  },
  "original_language": "en",
  "account": "Applied Materials Inc., a leading semiconductor equipment manufacturer, reported a 53% increase in revenue and earnings in the fourth quarter, surpassing Wall Street's expectations. The company's adjusted earnings per share reached $4.16, up from a year earlier, while revenue grew to $10.41 billion. Analysts had forecasted earnings of $4.06 per share and sales of $10.3 billion. Net income increased to $2.71 billion, up from $1.89 billion in the same period last year. Applied Materials, the world's biggest supplier of equipment to semiconductor manufacturers like Taiwan Semiconductor Manufacturing Co., Samsung Electronics, and Micron Technology, provides a wide range of machines for various semiconductor manufacturing processes, particularly for AI workloads. CEO Gary Dickerson stated that the company achieved record results, with full-year sales rising 21% to $34.31 billion. He also highlighted that Applied's semiconductor systems business unit is expected to grow more than 40% in calendar 2026. The company's stock experienced a brief dip following Nvidia CEO Jensen Huang's resignation, but it recovered and gained over 2.5% in late trading. Applied's semiconductor systems unit saw revenue soar from $4.88 billion to $7.99 billion, while the applied global services segment's sales increased from $1.5 billion to $1.89 billion. For the current quarter, Applied is targeting earnings of $4.35 per share and revenue of $11.1 billion, exceeding expectations of $4.24 per share and $10.85 billion in sales. The company recently announced a $5 billion investment in a new chip research and development facility, the EPIC Center, in Silicon Valley, which will serve as a shared R&D center for chipmakers to collaborate on advanced manufacturing technologies.",
  "summary": "Semiconductor industry giant Applied Materials Inc. chalked up another strong quarter as it continued to cash in on the artificial intelligence boom, delivering fourth-quarter results that surpassed Wall Street’s expectations on earnings and revenue. The company reported adjusted earnings of $4.16 per share on revenue of $10.41 billion, up by an impressive 53% from a […] The post Applied…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}