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Applied Materials boosts its outlook as AI chipmakers scramble to add more production capacity
Chipmaking equipment giant Applied Materials Inc. is expecting stronger sales this year compared with what it originally forecast, thanks to surging demand for artificial intelligence chips. The compa
Chipmaking equipment giant Applied Materials Inc. is expecting stronger sales this year compared with what it originally forecast, thanks to surging demand for artificial intelligence chips. The company offered bullish guidance for the current quarter after delivering earnings and revenue in its latest quarter that exceeded Wall Street’s expectations. Adjusted earnings for the second quarter […] The post Applied Materials boosts its outlook as AI chipmakers scramble to add more production capacity appeared first on SiliconANGLE.
Source: SiliconANGLE | 2026-05-15