Micron and Sandisk led a tech selloff on June 23, falling 13%+ each; Western Digital fell 8%, Marvell 9%, Seagate 5%, Qualcomm 8%, and Applied Materials 8%
One analyst says investors are merely taking a ‘breather’ from buzzy tech stocks, following sharp year-to-date gains and ahead …
Applied Materials opens a $500M chip equipment manufacturing campus in Singapore, where ~50% of its production capacity will live; the other half is in the US
SINGAPORE — Top U.S. chip equipment maker Applied Materials has opened a $500 million manufacturing campus in Singapore …
Applied Materials plans to expand its Southeast Asia workforce by 25% in 2026, hiring ~1,000 workers mainly in Singapore at its key chip packaging equipment hub
KUALA LUMPUR — U.S. semiconductor equipment maker Applied Materials is aiming to expand its total workforce in Southeast Asia …
Applied Materials partners with Micron and SK Hynix to develop next-gen memory chips for AI and HPC at its new EPIC center, part of a planned $5B R&D investment
Applied Materials (AMAT.O) said on Tuesday it has partnered with memory chip companies Micron Technology (MU.O) and SK Hynix …
Applied Materials reports Q1 revenue down 2% YoY to $7.01B, vs. $6.86B est., net income up 71% YoY to $2B, and forecasts Q2 revenue above est.; AMAT jumps 10%+
Applied Materials Inc. surged 10% in late trading after delivering a surprisingly upbeat sales forecast, signaling that demand …
Applied Materials reaches a $252M settlement with the US Commerce Department, resolving allegations it illegally exported chipmaking equipment to SMIC in China
Filing: Applied Materials plans to cut ~4% of its global workforce and expects the layoffs to cost $160M to $180M; it had 36,100 employees as of the end of July
Nick Turner / Bloomberg :
US House lawmakers criticize ASML, Tokyo Electron, KLA, and other equipment makers for selling to the Chinese military and helping build China's chip industry
including firms on U.S. restricted lists tied to the Chinese military and surveillance state. https://selectcommitteeontheccp.house.g ov/ ... Jonathan Cheng / @jchengwsj : .@committeeonccp: “Companies...
Applied Materials expects new US export rules from BIS restricting certain product shipments to China to hurt its Q4 revenue by $110M and 2026 revenue by $600M
Company expects new export restrictions to hurt its 2026 revenue by $600 million — Applied Materials expects a $710 million hit …
Chinese chip equipment supplier E-Town sues Applied Materials in the Beijing IP Court over alleged trade secret theft; Applied Materials hired two E-Town staff
Top US chip-equipment supplier Applied Materials Inc. was sued by a rival in China over what that company characterized as trade secret theft …