Applied Materials Announces Record Q2 2026 Earnings and Expands EPIC Center Partnerships

Applied Materials has reported a record-breaking second-quarter revenue of $7.91 billion for fiscal 2026, marking an 11% year-over-year increase. The company achieved a record GAAP EPS of $3.51. CEO Gary E. Dickerson highlighted that the rapid global expansion of AI computing infrastructure provides a strong foundation for sustained growth, expecting the semiconductor equipment business to grow over 30% in calendar 2026. Additionally, the company announced that major partners, including TSMC, Advantest, SK hynix, Micron, and leading universities, have joined its EPIC Center to accelerate the commercialization of next-generation AI chips. Applied Materials also acquired ASMPT's NEXX business to enhance its advanced packaging portfolio.