U.S. lawmakers press top chip equipment makers for details on sales to China [Globe and Mail, The (Toronto, Canada)]
Applied Materials, Inc. (AMAT)
Last applied materials, inc. earnings: 2/12 04:01 pm
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Source: Globe and Mail, The
Republican John Moolenaar and Democrat Raja Krishnamoorthi sent letters to the companies on Thursday, according to a Friday press release, amid pushback against expected U.S. rules that crack down further on tool shipments to China. “We understand that some (toolmakers) believe we should limit the expansion of … future unilateral U.S. controls, due to perceived impacts on the competitiveness of this sector,” the lawmakers wrote. “However, enhanced export controls simply are not mutually exclusive with a robust and thriving (toolmaking) industry,” they added. U.S. firms KLA, LAM, Applied Materials, as well as Japan-based Tokyo Electron and Dutch ASML did not immediately respond to requests for comment. But the letters come amid opposition even from Democrats to the Biden administration's long-delayed next round of export regulations, aimed at further stymying Beijing's access to toolmaking equipment. Washington fears that progress in Chinese chipmaking capabilities, fuelled by
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AMAT
Earnings
- 8/15/24 - Beat
AMAT
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 8/22/24 - Form 10-Q
- AMAT's page on the SEC website