Applied Materials reaches a $252M settlement with the US Commerce Department, resolving allegations it illegally exported chipmaking equipment to SMIC in China Reuters 2026-02-12 Applied Materials, SMIC, the US Commerce Department Related Coverage Applied Materials settles with BIS for US$252.5 million over SMIC shipments DigiTimes Applied Materials to Pay $252.5 Million to Settle US Probe Bloomberg · Nick Turner Applied Materials Reaches Resolution with the U.S. Department of Commerce Applied Materials Applied Materials to pay $252 million to resolve illegal chip exports, US says Reuters Applied Materials reaches $252m settlement with US gov't over illegal shipments to Chinese chipmaker SMIC DatacenterDynamics · Charlotte Trueman Applied Materials (AMAT) Stock: $252M Settlement Ends China Export Probe Blockonomi · Trader Edge Applied Materials to pay $252.5 million to settle US probe Mercury News · Nick Turner