Applied Materials Inc

AMAT: XNAS (USA)
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Applied Materials Earnings: Advanced Chip Investment Driving Good Results Despite China Headwind

Applied Materials' January-quarter sales rose 7% year over year and 2% sequentially to $7.17 billion. April-quarter guidance implies a slight sequential sales decline at the midpoint, inclusive of roughly $200 million in missed revenue as a result of updated trade restrictions by the US on China.

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