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Stock impact report

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

Applied Materials, Inc. (AMAT) 
Last applied materials, inc. earnings: 2/12 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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 percenta Read more
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