Applied Materials Lifts AI-Driven Outlook and Expands Semiconductor Systems Capacity
For Q4, Applied Materials expects revenue of about $10.25 billion, up 51% year over year, after Q3 FY2026 revenue of $9.12 billion. Semiconductor Systems revenue rose about 27% YoY, and the company upgraded CY 2026 expectations for faster growth than the broader semiconductor equipment market. Applied plans to roll out 6 new systems and double systems output capacity by 2028.