Applied Materials vs. Taiwan Semiconductor Manufacturing: Comparing Revenue Growth Trends Between These Artificial Intelligence Companies

TSMC maintains significantly higher revenue than Applied Materials, with Q3 2026 reaching $46.7 billion compared to AMAT's $9.1 billion in Q2 2026. Both companies benefit from AI infrastructure demand, with Applied Materials achieving record quarter-over-quarter growth and expanding manufacturing capacity globally, while TSMC demonstrates consistent revenue expansion as the world's dominant semiconductor foundry controlling over 70% of the market.