UnitedHealth, Applied Materials, 1st Solar
Digest more
The lower guidance prompted a rapid sell-off of Applied Material’s shares, and its stock fell more than 13% in extended trading. Following that decline, the company’s stock is now up just 15% in the year to date, slightly ahead of the S&P 500 Index, which has gained just over 10% so far this year.
Applied Materials is likely to continue seeing a higher proportion of advanced equipment, fueled by applications like generative AI and the transition
Applied Materials' stock price slumped by double digits after the semiconductor equipment maker reported a project revenue decline amid tariff worries in China.
Applied Materials Inc. suffered the worst single-day stock decline in five years after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand.
Applied Materials stock gained almost 6% in Thursday’s trading and remains up by about 22% year-to-date. In comparison, Applied’s semiconductor industry peer Texas Instruments stock has gained ...
Lam Research ( LRCX -6.93%), one of a handful of large companies manufacturing equipment for the production of semiconductors, tumbled 6.9% through 1:45 p.m. ET this afternoon. As unbelievable as it may sound, you can blame one of Lam's big rivals, Applied Materials ( AMAT -13.98%), for Lam's troubles.
By Kanchana Chakravarty (Reuters) -Applied Materials shares slid about 12% in morning trading on Friday after the company issued disappointing sales and profit forecast, stoking investor concerns that the U.