Comparing Revenue Growth of Applied Materials and Broadcom Amid AI Expansion
Applied Materials (AMAT) reported $9.1 billion in revenue for the quarter ended July 26, 2026, marking a strong year-over-year increase of 25%. This rebound followed uneven sales growth in 2025 due to U.S. government restrictions on semiconductor-related exports to China. In contrast, Broadcom (AVGO) achieved record revenue of $29.6 billion for the quarter ended August 2, 2026—a year-over-year jump of 86%. This growth was largely driven by its AI semiconductor segment, which saw a remarkable 221% increase to $16.7 billion. While both companies benefit from artificial intelligence demand, Broadcom has demonstrated more consistent and robust revenue expansion over the past two years compared to Applied Materials' fluctuating performance.
