10:24 AM EDT, 05/15/2026 (MT Newswires) -- Applied Materials (AMAT) expects its semiconductor equipment business to grow more than 30% in 2026, up from its previous guidance of more than 20%, according to a Thursday transcript of the company's fiscal Q2 earnings call.

"As customers find new ways to reallocate or create space, we are seeing incremental requests for equipment deliveries in 2026,"Chief Executive Officer Gary Dickerson said.

Dickerson said that Applied Materials'largest customers are providing rolling eight-quarter forecasts, allowing the company to prepare the required manufacturing capacity.

"With this improved visibility, we see continued growth across this extended planning horizon, into 2027 and beyond, and we are investing to support our customers'expansion plans,"he added.

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