Semiconductors Earnings & Financial Results — Latest Quarter

Lam Research delivered strong fiscal 2026 growth fueled by foundry-led equipment demand, with revenue up 26% and net income up 35.6%, while returning $5.1 billion to shareholders.

KLA posted double-digit revenue and net income growth in FY2026, fueled by AI-driven demand for process control, while navigating export restrictions and tariff headwinds.

AMD's fiscal second quarter revenue jumped 50% and gross margin reached 54%, propelled by a doubling of Data Center sales, while operating expenses rose sharply to fund AI expansion.

ON Semiconductor delivered strong Q2 FY2026 results with robust revenue growth and margin expansion, driven by its power segment, while advancing its Synaptics acquisition and managing restructuring costs.

Qualcomm's Q3 FY2026 revenue fell 4% and operating income dropped 41% due to handset weakness, partly cushioned by record automotive/IoT growth and a $656 million IPO windfall.

TI's Q2 FY2026 results reflected a strong demand recovery across key end markets, with revenue up 23% and free cash flow surging 271% year-over-year, while it progressed on the Silicon Labs acquisition.

Intel's Q2 FY2026 revenue grew 25.4% YoY to $16.13B with gross margin expanding sharply to 40.4%, but the company posted a massive net loss of $11.03B (EPS -$2.16), driven by items below the operating line since operating income was actually positive at $1.80B.

MU reported a remarkable financial performance in Q3 FY2026, with revenue surging by 345.7% year-over-year, driven by significant increases in gross and operating margins.

Broadcom delivered exceptional Q2 FY2026 results with revenue surging 47.9% YoY to $22.2B, driven by AI semiconductor demand, while operating income nearly doubled and cash generation remained robust with $18.8B in YTD operating cash flow.

Applied Materials (AMAT) delivered a strong Q2 FY2026 with revenue of $7.91B (+11.4% YoY), net income surging 31.3% to $2.81B, and EPS of $3.51 (diluted), driven by expanding margins and robust demand for semiconductor equipment.

NVIDIA delivered exceptional Q1 FY2027 operating growth, with revenue up 85% year over year to $81.6B and operating income up 147% to $53.5B, while net income was further boosted by $15.9B of other income, primarily unrealized investment gains. Source: 10-Q Item 2 MD&A, pp.24, 27.

ADI delivered exceptional Q2 FY2026 results with revenue surging 37.2% YoY to $3.62B and net income more than doubling to $1.18B, driven by strong demand recovery and significant margin expansion across all profitability metrics.