GhanaianTimes
Shares of Applied Materials (AMAT.O), tumbled nearly 14% in premarket trading on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks. The Santa-Clara, California-based company’s forecast comes after similar tariff warnings from ASML Holding (ASML.AS), the world’s biggest supplier of chip-making equipment…
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Applied Materials’ shares sink on weak China demand, tariff risks
Ghanaian Times
10:22
Shares of Applied Materials (AMAT.O), tumbled nearly 14% in premarket trading on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks. The Santa-Clara, California-based company’s forecast comes after similar tariff warnings from ASML Holding (ASML.AS), the world’s biggest supplier of chip-making equipment…
