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2026-07-28 19:41 UTC → 2026-07-30 04:39 UTC ·
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In Continuing the trend noted in late July 2026 two leading semiconductor‑related firms reported strong results and raised future guidance, attributing the bounce to surging demand for artificial‑intelligence hardware. 2026, Cadence Design Systems announced an increase in further detailed its outlook on July 27. The company raised its fiscal‑2026 revenue forecast to $6.26‑$6.34 billion and a higher its adjusted earnings outlook, driven by heightened orders to $8.05‑$8.15 per share, citing sharply higher demand for its AI‑enabled electronic‑design‑automation AI‑powered EDA tools used by from customers such as Nvidia and Apple. The company Q2 results showed $1.584 billion in revenue, a 24.2% year‑over‑year increase, and a backlog of $8.1 billion, of which about $4.2 billion is expected to be recognized within the next twelve months. Cadence also unveiled an highlighted the recently launched AI “super‑agent,” AuraStack, “super‑agent” AuraStack that automates circuit layout and testing. A day later, later ASM International reported second‑quarter record Q2 2026 revenue of €1.003 billion, beating expectations, expectations and lifted its 2027 revenue target above delivering a 51.9% gross margin and a €285.4 million net profit. CEO Hichem M’Saad attributed the prior €3.7‑4.6 billion range. The Dutch firm credited robust performance to sustained demand from AI‑infrastructure projects, for AI‑related equipment, including leading‑edge logic, HBM DRAM and mature‑logic sales in China. The firm forecast Q3 revenue of high‑bandwidth‑memory, logic, about €1.1 billion and foundry equipment, projected second‑half growth of over 20%, and a favorable market for mature‑logic chips. it lifted its 2027 revenue outlook beyond the previous €4.6 billion ceiling. Together, these updates illustrate a broader trend reinforce the accelerating growth of semiconductor designers and equipment suppliers experiencing rapid growth and upward‑revising financial outlooks as AI‑driven applications expand across the industry. driven by AI‑intensive applications.