finance.yahoo.com (nprofile…pkyy)
https://media.zenfs.com/en/reuters-finance.com/86bbfe37f9c95604396f39b414328816
https://finance.yahoo.com/news/applied-materials-forecasts-quarterly-revenue-213656902.html
finance.yahoo.com / Yahoo! Finance
npub1va…rwc3n
2024-11-14 22:13:27
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2024-11-14 22:13:27Event JSON
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"Applied Materials, a leading chipmaking equipment supplier, forecast its first-quarter revenue to be below Wall Street estimates, citing sluggish demand for its products outside of AI-powered chips. The company's shares fell nearly 4% in extended trading. The weakness in certain markets has kept spending slow, affecting demand for firms like Applied Materials. The company also faces competition from other suppliers such as KLA Corp, Lam Research, and ASML Holding. Despite beating estimates for its fourth-quarter revenue and adjusted profit per share, the company's forecast for the first quarter was below expectations."
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