Applied Materials, Inc. (NASDAQ:AMAT) reported better-than-expected results for its third quarter on Thursday. Applied Materials reported third-quarter revenue of $6.78 billion, beating the consensus estimate of $6.673 billion. The chip equipment company reported adjusted earnings of $2.12 per share, beating analyst estimates of 2.02 per share. "Applied Materials is delivering strong results in 2024 with record revenues in our fiscal third quarter and earnings towards the high end of our guided range," said Gary Dickerson, president and CEO of Applied Materials. "The race for AI leadership is fueling demand for our unique and connected portfolio of products and services, positioning Applied ...