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Applied Materials’ AI engine powers record revenue and a stronger fiscal Q1 target

8:02am on Friday 13th of November, 2026 AEDT • Semiconductors
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Applied Materials’ AI engine powers record revenue and a stronger fiscal Q1 target

8:02am on Friday 13th of November, 2026 AEDT
Key Points
  • Record Q4 revenue of US$10.409 billion, up 53% year over year
  • Fiscal 2026 revenue reached US$34.446 billion, up 21%
  • Q1 fiscal 2027 revenue guidance centres on US$11.1 billion
  • US$253 million export-controls compliance settlement disclosed
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