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Applied Materials reported record revenue of $9.1bn for its latest quarter, as sales of equipment used to make chips benefit from expanding AI infrastructure, according to The Motley Fool’s comparison carried by The Globe and Mail.
Why it mattersThe article says Applied Materials’ revenue is nearing Qualcomm’s, whose recent sales have declined sequentially. It attributes the figures to Financial Modeling Prep, with data dated 21 September. A useful glimpse of the chip supply chain, if not a reason to take investment copy as gospel.
Discuss: Does rising demand for chipmaking equipment tell us more about lasting AI growth than the revenue of chip designers themselves?
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