Applied Materials Sees Another Record Year in 2027

What happened

Applied Materials reported fourth-quarter revenue of $10.41 billion, above analysts’ $10.30 billion estimate, and adjusted earnings of $4.16 per share. It forecast first-quarter fiscal 2027 revenue of $11.1 billion, plus or minus $500 million, and said global cloud capital spending could exceed $1 trillion in 2027.

Confirmed

Global impact / market context

The company links expanding AI infrastructure to demand for advanced chips and chipmaking equipment. If that demand translates into customer orders, Applied Materials could sell more systems and services, supporting revenue; its first-quarter forecast gives investors a near-term measure of whether that growth is materializing.

Analyst inference

The article describes strong results and a larger first-quarter revenue forecast, alongside expectations for rapid cloud spending growth. Yet it says the shares were mostly flat in Friday’s premarket session, so the supplied context reports no substantial immediate price move despite those positive business signals.

Confirmed

What to watch

1. Compare first-quarter revenue and adjusted earnings with the company’s forecast of $11.1 billion, plus or minus $500 million, and $4.15 to $4.55 per share. Analyst inference
2. Watch whether Semiconductor Systems revenue approaches the projected $8.7 billion and whether Applied Global Services reaches its projected record $2 billion. Analyst inference
3. Look for further evidence that AI infrastructure spending is converting into orders for chipmaking equipment; the article identifies that demand as a driver of growth. Analyst inference

Evidence

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