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Applied Materials faces sharp China retreat in 2026, but AI workloads keep the upgrade cycle alive

  • Digitimes faviconDigitimes

    By Levi LiNov 14, 2025, 4:10 am184 pts
    photo of Applied Materials faces sharp China retreat in 2026, but AI workloads keep the upgrade cycle alive imageApplied Materials reported US$6.8 billion in revenue for the quarter ended October 26 in FY25, a 3% year-over-year decline but still ahead of the US$6.68 billion market forecast. The company warned that widening US export controls could curb China's semiconductor equipment spending in 2026, creating the largest…
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