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Nikkei Asia
Applied Materials projects China revenue to grow in 2026 despite US curbs
Applied Materials, a leading U.S. supplier of semiconductor equipment, has reported record revenue of $9.12 billion for the May-July quarter. The company's optimistic projection for 2026 indicates that it expects its revenue from China to grow significantly, driven primarily by the increasing demand for chips necessary for AI infrastructure development. This growth is notable given the ongoing U.S. trade restrictions affecting technology and manufacturing sectors.
MonitorConfidence: HighMid term horizon
Published 14 Aug 2026, 00:22 UTC1 min read
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Summary
TL;DR
- Applied Materials reported record revenue of $9.12 billion.
- Strong demand for AI-driven semiconductor infrastructure boosts earnings.
- Forecasts growth in China revenue by 2026.
- Despite U.S. curbs, the company remains optimistic about Chinese market opportunities.
- Strong semiconductor market signals positive long-term outlook.
Interesting facts
- The record revenue was achieved despite global supply chain challenges.
- China remains a significant market for semiconductor technology.
- AI infrastructure is driving unprecedented demand for semiconductor companies.