Applied Materials, Inc. Q1 2026 Earnings Call Summary
Performance was driven by robust demand across AI, foundry-logic, and memory as customers accelerate node migrations and 3D scaling. Management attributes growth to a differentiated materials engineering portfolio that addresses increasing complexity in leading-edge logic and advanced packaging. Foundry-logic remains healthy at leading nodes, while the memory segment is recovering, specifically led by DRAM and High Bandwidth Memory (HBM) investments. Operational focus has shifted toward supply chain ...