Applied Materials Shares Surge on Strong Forecast Driven by AI Demand

The chipmaking equipment giant expects second-quarter results to exceed market estimates as AI infrastructure expands. Shares jumped over nine percent today.

洞察:
Applied Materials, Inc. , the largest semiconductor equipment maker in the US USUS, announced on February 12, 2026, that it expects second-quarter revenue and adjusted profit to exceed market estimates. The company attributed this stronger outlook to rising demand for AI processors and a worldwide memory shortage. Following the announcement, the firm’s shares saw double-digit gains in extended trading, which also triggered share rises for its industry peers.
A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration
A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration
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