Semiconductor Systems
Largest business: $7.04 billion in fiscal Q3 2026 revenue, up 26.5% from a year earlier.
The numbers
What it is
Materials engineering tools (deposition, etch, epitaxy), process control systems using optical and eBeam technologies, and advanced packaging systems. Customers are the leading logic, DRAM and NAND chipmakers buying new fab capacity and technology transitions.
Why it matters to the stock. Its revenue follows chipmakers' capital spending on new capacity. The company guided fiscal Q4 2026 revenue to $10.25 billion, plus or minus $500 million, which is the near-term test for this line.
News
Applied Materials shares fall more than 5% after hours despite the revenue beat and higher outlook
Applied Materials shares fell more than 5% in extended trading on August 13 even though results and guidance beat estimates.
Applied Materials posts record fiscal Q3 2026 revenue of $9.12B and non-GAAP EPS of $3.50
Applied Materials reported record fiscal third-quarter revenue of $9.12 billion for the quarter ended July 26, 2026, up 25% from a year earlier.
Applied introduces six DRAM and advanced-packaging systems aimed at HBM and hybrid bonding
Applied launched six systems for DRAM and advanced packaging, including Centura Prime Epi for DRAM peripheral transistors and Producer Avila 2 PECVD for HBM and thin DRAM dies.
Applied unveils Centris Spectral SiN ALD and Producer Selectra Mo Etch for 3D chip scaling
Applied launched two tools for 3D chip structures: Centris Spectral SiN ALD, which deposits silicon nitride in tall, narrow features using microwave plasma, and Producer Selectra Mo Etch, which selectively removes molybdenum to separate 3D NAND wordlines.
Applied opens Tampines facility in Singapore, expected to double its footprint there
Singapore's Deputy Prime Minister Gan Kim Yong spoke at the opening of Applied's new manufacturing facility at Tampines Industrial Crescent on June 10, 2026.
Applied Materials Q2 FY2026 record revenue $7.91B; Q3 guided to $8.95B and 2026 outlook raised
Applied reported record fiscal second-quarter revenue of $7.91 billion, up 11% from a year earlier, with record GAAP EPS of $3.51 and non-GAAP EPS of $2.86, up 20%.
Applied launches Precision Selective Nitride PECVD and Endura Trillium ALD for 2nm-class chips
Applied introduced two deposition systems aimed at 2-nanometer-class logic.
Applied Materials Q1 FY2026 revenue $7.01B, down 2%; Q2 revenue guided to $7.65B
Applied reported fiscal first-quarter revenue of $7.01 billion, down 2% from a year earlier, with non-GAAP EPS of $2.38, flat year over year.