Applied Materials Inc

AMAT: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Applied Materials Earnings: Long-Term AI Growth Story Intact Despite Short-Term Softness

William Kerwin

Nov 14, 2025

Applied Materials' October-quarter results came in above the midpoints of guidance, with sales of $6.8 billion shrinking 3% year over year. Guidance implies continuing softness over the next couple of quarters, but management is bullish about a demand inflection in the second half of 2026.

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Applied Materials Inc

Applied Materials Earnings: Long-Term AI Growth Story Intact Despite Short-Term Softness

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