Applied Materials reported a 50.3% GAAP gross margin for its fiscal third quarter. The margin figure accompanied record quarterly revenue of $9.12 billion. The digest does not identify a specific product, geographic, or cost driver for the gross-margin result.
Key facts
Applied Materials reported a GAAP gross margin of 50.3% for the fiscal third quarter. source
Applied Materials' net margin was 24.7%, compared with Nvidia's 55.6% net margin. source