Applied Materials forecasts quarterly revenue below estimates on weak demand
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 4% in extended trading.
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Applied Materials (AMAT) shares were active in late trading on Thursday after the semiconductor equipment maker reported ...
During the quarter, Applied Material’s semiconductor systems business unit – by far its biggest – delivered revenue of $5.18 ...
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