Applied Materials (AMAT), Inc. issued the following statement regarding updated export regulations for semiconductor technology, announced by the United States government on Dec. 2, 2024: “Based on our initial assessment of the impact of these new regulations, Applied Materials is not changing the guided ranges of our first quarter of fiscal 2025 business outlook provided in our Nov. 14, 2024 financial results press release.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMAT:
- Applied Materials (AMAT) Stock Could Surge in Coming Years
- U.S. Enacts Toughest Chip Export Controls to Curb China’s AI Ambitions
- Early notable gainers among liquid option names on November 29th
- Applied Materials price target lowered to $210 from $220 at Bernstein
- Applied Materials introduces MAX OLED solution
