Applied Materials Expects Far More Revenue Than Analysts Predicted

Applied Materials said August 13 it expects about $10.25 billion in Q4 2026 revenue, $710 million above what Wall Street analysts predicted ($9.54 billion). It also posted record Q3 revenue of $9.12 billion. A gap this big between a company's forecast and analysts' estimates usually means analysts are underestimating current demand for chip-making tools.