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Earnings· May 11, 2026 at 11:37 PM

Applied Materials makes unexpected AI move as demand explodes

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

Days before its fiscal second-quarter earnings report on May 14, Applied Materials (AMAT) unveiled a new co-innovation partnership with TSMC, the world's most important chipmaker, to be conducted inside Applied's new $5 billion EPIC Center in Silicon Valley. It is the largest U.S. investment ever ...

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