AMAT Stock Up 8% After Hours: What the Q2 Blowout Means for Semiconductor Stocks Friday

# AMAT Stock Up 8% After Hours: What the Q2 Blowout Means for Semiconductor Stocks Friday

> **Quick answer:** Applied Materials surged as much as 8% after hours on May 14 after reporting record Q2 FY2026 revenue of $7.91 billion and guiding for 30%+ semiconductor equipment industry growth in 2026. Shares settled near +4% (~$458) heading into Friday's session. The read-through is broadly positive for Lam Research, KLA, ASML, and Tokyo Electron — but Warsh's first day as Fed chair adds a wildcard for high-multiple tech.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

Applied Materials stock is set to open sharply higher Friday after the semiconductor equipment giant demolished Q2 expectations and issued guidance that few on Wall Street saw coming. For traders watching the pre-market, here is everything you need to know before the open.

## What Applied Materials Just Reported

Applied Materials posted fiscal Q2 2026 results after the close on May 14. The headline numbers were unambiguous: