Tag: applied

Applied Materials gets another subpoena on China customer shipments

(Reuters) -Applied Materials disclosed on Thursday that it received another subpoena from the U.S. Department of Commerce in May, as regulators request more information on shipments to China. The largest U.S. semiconductor equipment maker received an SEC subpoena and two from the U.S. Attorney’s Office for the District of Massachusetts. In November 2023 the Commerce […]

Should Investors Buy Intel Stock Instead of Applied Materials Stock?

Fool.com contributor Parkev Tatevosian compares Intel (NASDAQ: INTC) and Applied Materials (NASDAQ: AMAT) to determine the better semiconductor stock to buy today. *Stock prices used were the afternoon prices of May 20, 2024. The video was published on May 22, 2024. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, […]

Applied Materials a Big Growth Target Going Forward

And that could continue in fiscal 2025 as the consensus earnings estimate for AMAT calls for a rise of 13.2%. AMAT is a leading materials engineering solutions provider focused on semiconductor chips and advanced displays. Some of its biggest customers are planning to expand and world governments have announced funding for more semiconductor manufacturing capacity. […]

Applied Materials’ third-quarter forecast disappoints investors, shares fall

By Jaspreet Singh (Reuters) -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. The company’s shares, which have rallied about 32% so far this year, fell about 1.2% in extended trading. Applied Materials has benefited from growing demand for […]

Applied Materials Forecast Fails to Impress Following Rally

(Bloomberg) — Applied Materials Inc., the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Most Read from Bloomberg Fiscal third-quarter sales will be roughly $6.65 billion, the company said in a statement Thursday. Though that topped the average Wall Street estimate, […]

AMAT Stock: Applied Materials Posts Beat-And-Raise Report

Semiconductor equipment vendor Applied Materials (AMAT) late Thursday beat estimates for its fiscal second quarter and guided above views for the current period. But AMAT stock fell in extended trading. X The Santa Clara, Calif.-based company earned an adjusted $2.09 a share on sales of $6.65 billion in the quarter ended April 28. Analysts polled […]

Luminar unveils new compact lidar sensor Halo, tie-up with Applied Intuition

(Reuters) – Luminar Technologies launched its latest lidar sensor on Tuesday and said it has partnered with auto software maker Applied Intuition to aid automakers in testing their assisted-driving systems. The tie-up will provide solutions for automobile manufacturers to test their assisted driving systems using Applied Intuition’s sensor simulator integrated with Luminar’s lidar sensor models. […]