Fast Money Blog- 5/15/26

Another Tech Stock Reports Strong Earnings: A Look at AMAT

Applied Materials, Inc. (AMAT) released its Q2 2026 earnings report yesterday, with top-line revenue of $7.91 billion, up 11% year-over-year. This record quarterly revenue shows that AI-driven semiconductor demand has continued to accelerate.

Here’s how their Q2 revenue broke down:

Semiconductor Systems: $5.97 billion (up 14% year-over-year)

Applied Global Services: $1.67 billion (up 6.3% year-over-year). This segment provides comprehensive support, maintenance, and optimization services for semiconductor manufacturing equipment

Looking ahead, the company’s outlook is bullish as AI infrastructure spending is increasing amidst the global need for AI servers and advanced chips.

AMAT now expects to see growth of more than 30% in its semiconductor equipment business over the calendar year. 

Let Me Explain The Major Trend In Play

Wall Street is witnessing extreme revenue growth in the software and semiconductor segment. World-wide quarterly profits for companies in these sectors are growing by the billions. Because of this, companies like The Home Depot, Inc. (HD), Visa, Inc. (V), and Mastercard Incorporated (MA) are temporarily seeing their stock share prices decline as hedge funds adjust their portfolios to participate in the tech rally. I see this trend lasting over the next two to five years. 

As a member of the Wealthy Investor community your job is to stay disciplined and balanced in all your trading accounts. Naturally I will continue to guide you to profits and success over the next few years. 

You have a lot to look forward to!

Tyrone Jackson

The Wealthy Investor