Ge Long Hui·2026-02-13 14:53Core Viewpoint - Semiconductor equipment manufacturer Applied Materials (AMAT.US) saw a significant increase of over 12% in early trading, reaching a historic high of $376.31 following strong quarterly earnings results [1] Financial Performance - For the first fiscal quarter ending in January, the company reported a profit increase of 70% year-over-year to $2.03 billion, with adjusted earnings per share (EPS) of $2.38, surpassing market expectations of $2.21 [1] - Revenue for the same period declined by 2% year-over-year to $7.01 billion, yet still exceeded market expectations of $6.87 billion [1] Future Outlook - For the second fiscal quarter, the company anticipates revenue between $7.15 billion and $8.15 billion, with adjusted EPS projected between $2.44 and $2.84, both of which are above market expectations of $7.01 billion and $2.28, respectively [1] - CEO Gary Dickerson highlighted that the acceleration of global industry investments in the AI computing sector is driving the company's performance towards a strong growth trajectory [1]