Applied Materials just smashed Q2 earnings with $9.12B in sales—up 24.8% year-over-year—and beat forecasts with a strong $10.25B Q3 outlook, even as its stock dipped. The semiconductor equipment giant, founded in 1967 and essential to global chipmaking, also posted higher-than-expected profits and trimmed inventory, signaling healthy momentum. Analysts see continued growth ahead, reminding investors that market reactions can be unpredictable—even when fundamentals are firing on all cylinders.
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