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Reuters

Reuters

Applied Materials forecasts quarterly revenue below estimates on weak demand

Reuters
Summary
Nutrition label

82% Informative

Applied Materials (AMAT) forecast first-quarter revenue below Wall Street estimates.

Semiconductor equipment maker's shares down nearly 4% in extended trading.

The weakness in certain markets has kept the spending slow, hitting demand for firms such as Applied Materials .

Stricter export curbs on high-end chips and certain equipment to China from the United States have kept the uncertainty lingering on both tools suppliers and chip firms.

VR Score

93

Informative language

99

Neutral language

79

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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