tech

Applied Materials’ Sales Forecast Gets Boost From AI Demand

Bloomberg Tech · May 14, 2026, 8:13 PM · Also reported by 3 other sources

Applied Materials Inc., the largest US supplier of semiconductor equipment, gave sales and profit forecasts that far exceeded analysts’ estimates, fueled by soaring demand for AI computing and memory chips.

Read full story on Bloomberg Tech → More top stories

Also covered by

Yahoo Finance Is Applied Materials (AMAT) One of the Unstoppable AI Stocks to Buy Now? Investing.com Applied Materials earnings beat by $0.18, revenue topped estimates Investing.com Applied Materials sees upbeat quarterly revenue on sustained AI spending

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Tech alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Applied Materials’ Sales Forecast Gets Boost From AI Demand

Also covered by

More in tech