US chip equipment manufacturer, Applied Materials (AMAT.US) , announced its results for the second fiscal quarter ended 27 April 2025. Quarterly net income rose 24% YoY to US$2.137 billion, with diluted EPS of US$2.63, and non-GAAP diluted EPS at US$2.39, high than the market consensus of US$2.31. The Company's revenue from the semiconductor systems segment was US$5.26 billion, below market consensus of US$5.32 billion. The Company said that investments in IoT, communications, auto, power and sensors slowed, partially offset by advanced chip investments. Related NewsTrump Talks to Tim Cook on Phone, Discusses Boosting Apple Investment in USApplied Materials eroded 5.7% to US$164.85 in after-hour trading session. (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)