Tag: $Applied Materials

Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue on Thursday and issued third-quarter guidance ahead of Wall Street expectations, supported by continued heavy investment in artificial intelligence infrastructure and data centers that is driving demand for semiconductor manufacturing equipment.

Applied Materials (AMAT) rose sharply following its earnings report. It’s another sign that chipmaking equipment companies are some of the big beneficiaries from the artificial-intelligence boom.

Applied Materials said on Thursday it expects spending on chipmaking equipment in China to fall in 2026 as tighter U.S. export controls limit its market access,​ with overall revenue projected to be stronger in the second half of the year.

Applied Materials Inc., the largest US maker of machinery used to manufacture semiconductors, said an expansion of rules that restrict the export of its products to China will take another chunk out of its revenue.

Shares of Applied Materials tumbled nearly 14% in premarket trading on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks.

Applied Materials gave a slightly disappointing outlook alongside its latest earnings report, driving its shares lower in premarket trading Thursday.

Applied Materials forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down nearly 5% in extended trading.

Applied Materials Inc. was informed by US officials that it won’t be receiving Chips Act money for a long-anticipated research and development center, dealing a critical blow to a much-touted project in the heart of Silicon Valley.

Applied Materials forecast third-quarter results above Wall Street estimates on Thursday, following strong demand for its semiconductor tools, but failed to meet lofty investor expectations.

Applied Materials earnings beat and upbeat outlook gave Wall Street cause to believe that the chip equipment maker’s strong rally can keep going.

Semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on China’s top chipmaker SMIC, according to three people familiar with the matter.

Semiconductor equipment maker Applied Materials  on Thursday forecast its fourth-quarter profit would be substantially higher than analyst estimates, as chip demand picks up and governments spend billions on subsidies.