Applied Materials Forecasts Slower Demand
This is a China news story, published by Yahoo Finance, that relates primarily to Applied Materials news.
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semiconductor equipment makerReuters
•Applied Materials forecasts quarterly revenue below estimates on weak demand
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.
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