[5/18 07:00] Applied Materials Earnings AI Supercycle Record Results / Mutual Funds Cut Tech Exposure 8-Year Low AI Disruption

AI News Flash for May 18, 2026 at 07:00 UTC. Topics: 1. Applied Materials Earnings AI Supercycle Record Results https://www.trefis.com/stock/amat/articles/599628/applied-materials-earnings-ai-supercycle-ignites-record-results-and-a-bullish-outlook/2026-05-18 2. Mutual Funds Cut Tech Exposure 8-Year Low AI Disruption https://m.economictimes.com/mf/analysis/mutual-funds-cut-technology-sector-exposure-to-8-year-low-in-april-is-ai-disruption-reshaping-sentiment/articleshow/131166767.cms 3. AMEC China Semiconductor Equipment Industry Standard https://www.scmp.com/tech/tech-trends/article/3353937/chinas-amec-semiconductor-technology-now-industry-standard-adopted-rivals-founder 4. Royal Observatory AI Human Intelligence Decline Warning https://www.bbc.com/news/articles/c2023l60370o 5. Walmart AI Delivery Speed Reengineering https://emerj.com/how-walmart-is-reengineering-ai-delivery-speed/