Get startedLog in
    Picture of Applied Materials logo

    AMAT — Applied Materials News Story

    0.000.00%
    us flag iconLast trade - 00:00
    TechnologyAdventurousLarge CapHigh Flyer
    All News

    Applied Materials forecasts quarterly revenue above estimates

    Picture of Applied Materials logoApplied Materials
    13/08/2026 21:03
    Applied Materials forecasts quarterly revenue above estimates
    Aug 13 (Reuters) - Applied Materials AMAT.O forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment.
        The company forecast quarterly revenue of around $10.25 billion, plus or minus $500 million, compared with analysts' average estimate of $9.54 billion, according to data compiled by LSEG.



     (Reporting by Juby Babu in Mexico City; Editing by Shilpi Majumdar)
     ((Juby.Babu@thomsonreuters.com;))

    Recent news on Applied Materials

    See all news