Tag: applied
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Applied Materials slips as investors seek faster growth after stellar run
Aug 14 : Applied Materials shares fell about 5 per cent in premarket trading on Friday, as the chip equipment maker’s upbeat outlook failed to soothe investors worried about the threat from intensifying competition.The muted reaction illustrates the high bar chip stocks have to clear and suggests that investo
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Applied Materials forecasts revenue above estimates, shares fall on high expectations
Aug 13 : Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment.Even so, its shares dropped more than 5 per cent in extended trading as l
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Applied Materials sees revenue above estimates, shares fall on high expectations
Aug 13 : Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment.The company, which supplies tools for key wafer fabrication processes suc
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Applied Digital signs $5.2 billion AI data center lease with US hyperscaler
June 8 : Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period, sending the company’s shares up 8.7 per cent in extended trading. Major technology companies are raising their spending on da
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