Applied Materials, Inc. reported results for its second quarter ended May 1, 2022. Applied generated revenue of $6.25 billion. On a GAAP basis, the company achieved gross margin of 46.9%, operating income of $1.89 billion or 30.3% of net sales, and earnings per share (EPS) of $1.74. On a non-GAAP adjusted basis, the company reported gross margin of 47.0%, operating income of $1.91 billion or 30.6% of net sales, and EPS of $1.85. The company generated $415 million in cash from operations a...