Key Takeaways AMAT's Q2 gross margin hit 49.2%, its highest since Q4 FY2000, driven by high-margin product traction. Gains in Sym3 Magnum, eBeam tech, and 3D DRAM nodes support strong AI and HPC chip demand. AMAT sees advanced DRAM revenues rising 40% in FY2025, aiding sustained margin strength.Applied Materials’ (AMAT) gross margin has been experiencing positive momentum for the past four quarters and came in at 49.2% in the second quarter of fiscal 2025, which is also the highest gross margin since the ...