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Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
The stock sunk in extended trading as the company's outlook for the current quarter came in light.
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cnbc.com
Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
The stock sunk in extended trading as the company's outlook for the current quarter came in light.
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scmp.com
Applied Materials’ forecast hit by weak Chinese demand, US export curb
China, an essential market for chip companies, was Applied’s largest revenue driver in the July quarter.
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Applied Materials sinks 13% on weak guidance due to China demand
Applied Materials cited weakness from leading edge customers and said China clients are easing spending after a period of rapid manufacturing.
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upi.com
Applied Materials projects weaker semiconductor equipment revenue - UPI.com
Applied Materials' stock price slumped by double digits after the semiconductor equipment maker reported a project revenue decline amid tariff worries in China.