Applied Materials' CFO Brice Hill said the chip‑equipment maker is expanding build plans, inventory and logistics to keep pace with customers’ rapid growth. The company is adding capacity and tightening productivity across its operations. Hill noted that demand from AI‑driven projects, which Applied has been courting, is now “in full force.” These moves aim to prevent bottlenecks as AI chip orders surge worldwide.

Chief Executive Gary Dickerson lifted Applied Materials’ annual semiconductor‑equipment outlook to more than 30% growth, up from a prior 20% target. The revision follows a record quarter in which revenue rose 11% and earnings per share jumped 33%. Dickerson said the surge ties to the worldwide build‑out of AI computing infrastructure. Investors responded with the stock climbing over 7% after the release.

Versant Media reported first‑quarter revenue of $1.69 billion, topping analysts’ $1.61 billion estimate, largely thanks to a lucrative licensing pact for the reality series Keeping Up With the Kardashians. Content licensing and other revenue hit $121 million, more than double the year‑over‑year figure and well above the $54 million forecast. The beat pushed Versant’s shares up about 5% in after‑hours trading.