Applied Materials gives dour quarterly revenue forecast as export curbs tighten; shares fall

From Investing.com: 2025-02-13 16:57:14

Applied Materials, a major supplier of equipment used in semiconductor manufacturing, has provided a grim quarterly revenue forecast as export restrictions continue to tighten. This news has caused their shares to drop significantly. The company anticipates revenue in the range of $3.41 billion to $3.69 billion for the current quarter.



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