AMAT reports Thursday: DRAM hits 26% of tool sales, outlook is the real signal
tengyanAI · x · 2026-11-11
First major chip-tool earnings since last week's memory sell-off: Applied Materials reports Thursday after the US close, with a Q4 revenue guide of $10.25B ± $0.5B.
- In August, the CFO ranked DRAM first among second-half growth drivers; DRAM has climbed to 26% of chip-equipment sales from 22% a year earlier.
- Tools shipping this quarter were mostly ordered before the sell-off, so the outlook matters: if DRAM stays first and the "another strong growth year" call for 2027 holds, memory makers kept spending through the scare; if either softens, the panic has reached the fab floor.
More from Venture
- Amazon Is Flooded with Vibe Coding Books — and 90% Are Probably Ghostwritten — billyjhowell · 2026-11-12
- Building an End-to-End Hedge Fund in Python with Claude Code: A 5-Step Workflow — mdancho84 · 2026-11-12
- Goodwin raises $720M Series C to build the fastest chips for AI inference scaling — igarciacamargo · 2026-11-12
- Cohere-Aleph Alpha merger not closed yet: C$35.7B valuation, Schwarz-led round — YvesMulkers · 2026-11-11
- 0xJeff: B2A is the new M2V & M2M — x402's biggest blocker is the enterprise gap — 0xJeff · 2026-11-11
- a16z Podcast: Mike Volpi on Why AI Infrastructure Will Outlast the Hype Cycle — a16z · 2026-11-11