AMAT Applied Materials (AMAT) Q1 FY26 earnings call
Applied Materials delivered strong Q1 FY26 results, exceeding guidance, driven by accelerating AI investments and robust demand in leading-edge logic, HBM DRAM, and advanced packaging. The company anticipates over 20% growth in its semiconductor equipment business for calendar year 2026, with momentum expected to continue into 2027, despite cleanroom capacity constraints. Strategic investments in R&D and manufacturing capacity position Applied to capitalize on the long-term AI-driven semiconductor growth cycle.
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AMAT operating KPIs by quarter
| KPI | This call Jan 2026 Q1 FY26 | Apr 2026 Q2 FY26 | Jul 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Connected chambers AIx | 30K+Today, we have more than 30,000 chambers connected to AIx servers using AI-powered monitoring, diagnostics and analytics.Source: earnings call transcript | 35K+Today, we have more than 35,000 chambers connected to our proprietary AIx software capabilities that use AI-powered monitoring, diagnostics and analytics.Source: earnings call transcript | 37K+We already have more than 37,000 chambers in the field connected to our proprietary AIX software capabilities and use AI-powered monitoring, diagnostics and predictive analytics.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.