The U.S's chipmaking sector is ringing the alarm about Washington's chip war with China [Fortune]

Applied Materials, Inc. (AMAT)
Last applied materials, inc. earnings: 2/12 04:01 pm
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Source: Fortune
these warnings rang hollow as revenue kept hitting records thanks to the AI boom But recent earnings reports from equipment manufacturers like Applied Materials and Lam Research show the U.S's broadside against China's chip sector may be starting to bite. Applied Materials, the largest U.S. chip equipment manufacturer, issued a lukewarm revenue forecast last week, citing the risk of new export controls from Washington. Revenue from China, the company's largest market, dropped 25% in the most recent quarter to reach $2.2 billion, out of a total $7.2 billion. China's contribution to Applied Materials' revenue has dropped from 45% a year ago to 31% today. And the company thinks it'll drop even further. “For Q2, we expect that China as a percentag
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AMAT
News
- Applied Materials, Inc. (NASDAQ: AMAT) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $195.00 price target on the stock.MarketBeat
- Applied Materials (AMAT) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Is Applied Materials Inc. (AMAT) the Best Semiconductor Stock to Buy According to Billionaires? [Yahoo! Finance]Yahoo! Finance
- Applied Materials, Inc. (NASDAQ: AMAT) was upgraded by analysts at Edward Jones from a "hold" rating to a "buy" rating.MarketBeat
- Applied Materials Increases Quarterly Cash Dividend by 15 Percent and Announces New $10 Billion Share Repurchase AuthorizationGlobeNewswire
AMAT
Earnings
- 2/13/25 - Beat
AMAT
Sec Filings
- 3/10/25 - Form 4
- 3/10/25 - Form 4
- 3/10/25 - Form 4
- AMAT's page on the SEC website