Ge Long Hui·2026-02-13 01:15Core Viewpoint - Applied Materials (AMAT.US) experienced a nearly 13% increase in after-hours trading, reaching $370.83, following the announcement of strong first-quarter earnings driven by accelerated investments in AI computing [1] Financial Performance - For the first fiscal quarter ending in January, Applied Materials reported a profit increase of 70% year-over-year to $2.03 billion [1] - The adjusted earnings per share (EPS) were $2.38, surpassing market expectations of $2.21 [1] - Revenue declined by 2% year-over-year to $7.01 billion, yet it exceeded market expectations of $6.87 billion [1] Future Outlook - For the second fiscal quarter, Applied Materials projects revenue between $7.15 billion and $8.15 billion, with adjusted EPS expected to range from $2.44 to $2.84, both above market expectations of $7.01 billion and $2.28, respectively [1] - CEO Gary Dickerson highlighted that the acceleration of global industry investments in AI computing is driving the company's strong growth trajectory [1]