Applied Materials says revenue at its semiconductor equipment segment will grow more than 40% over a one-year period the company defined, running from the second quarter of fiscal 2026 through the first quarter of fiscal 2027.

Concept illustration: a large beige machine cabinet with vent slats on both side panels and a black top band showing a blue geometric mark at the left and the lettering APPLIED MATERIALS; in its central window, on one shelf line, a stack of seven flat beige rounded slabs sits on the left, and on the right, in front of a pale pink patch, a taller stack has seven beige slabs with three brick-red slabs on top. A person in black clothing with a white lanyard badge stands to the left of the cabinet with their face turned toward it, and a drawer panel with a small handle runs along the cabinet's bottom. Printed on the image: Over 40% Applied Materials says equipment revenue grows, fiscal 2026 second quarter–2027 first; base unstated.

This is one company's segment revenue, not the size of the global wafer equipment market, and the press release doesn't say which period it is compared with. CEO Gary Dickerson made the statement in the earnings press release and said Applied Materials will grow faster than the wafer equipment market over the next few years. Applied Materials' fourth-quarter revenue, for the quarter ended October 25, was US$10.41 billion, a company record; the outlook for next quarter's revenue is about US$11.1 billion, plus or minus US$500 million (Applied Materials earnings press release, 2026-11-12). How we checked →

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This item ran in the brief of Nov 13, 2026, alongside 16 other items. How we checked it, the quote checks and what was still missing that day are on that issue's How we checked page.

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SecondSource (2026). "Applied Materials says revenue at its semiconductor equipment segment will grow more than 40% over a one-year period the company defined, running from the second quarter of fiscal 2026 through the first quarter of fiscal 2027.." https://secondsource.io/en/news/2026-11-13-5/. Accessed access date.