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Applied beats as AI chip spending nears $1tn tipping point

Jingyue Hsiao, DIGITIMES Asia, Taipei Friday 13 February 2026 0

Credit: AFP

On February 12, Applied Materials Inc. (AMAT) announced fiscal first-quarter 2026 financial results that exceeded the midpoint of its previous guidance, driven by a significant surge in artificial intelligence (AI) infrastructure investments. For the...

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