Applied Materials raised Q3 2026 revenue guidance to about US$8.95 billion plus or minus US$500 million and expanded its EPIC platform with Broadcom and SCREEN Semiconductor Solutions for advanced chip packaging.

In May 2026, Applied Materials reported second-quarter 2026 sales of US$7.91 billion and net income of US$2.81 billion, while raising third-quarter 2026 revenue guidance to about US$8.95 billion plus or minus US$500 million.

Applied Materials expanded its EPIC equipment and process innovation platform by bringing in Broadcom and SCREEN Semiconductor Solutions as partners to co-develop advanced chip packaging and wafer-cleaning technologies aimed at accelerating commercialization of next-generation AI hardware.

The raised Q3 2026 outlook and EPIC platform expansion targeting advanced packaging for AI hardware support Applied Materials' near-term demand narrative, though export rules, China exposure, and customer spending cycles remain potential swing factors for the next few quarters.