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Shares of Applied Materials tumbled after the company delivered a sales forecast that disappointed investors and rekindled concerns about the impact of the US-China trade dispute. Bloomberg's Brody Ford joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
Applied Materials (AMAT -13.75%), one of the world's biggest makers of manufacturing equipment for producing semiconductors, crashed 14% through 1:55 p.m. ET despite reporting strong earnings last night.
Long-term tariff woes have Logan Gilland skeptical on whether Applied Materials (AMAT) can reclaim its loss in shares following Thursday's earnings. While he sees the company as a long-term A.I.
U.S. equities were mixed at midday as a report on retail sales showed consumers are continuing to spend. The Dow Jones Industrial Average was up slightly, while the S&P 500 and Nasdaq fell.
What happens when a tech giant's impressive earnings report can't shield it from a market nosedive? As Applied Materials Inc. AMAT experiences a surprising slump, analysts weigh in on the forces at play behind the scenes.
The company's key customers include Intel and Taiwan Semiconductor Manufacturing.
The shares of Applied Materials (NASDAQ:AMAT) are on the downswing this morning, despite the tech manufacturing giant reporting fiscal third-quarter results that surpassed analyst estimates.
Here is what Morning Brief: Market Sunrise Host Ramzan Karmali covers on Friday, August 15, 2025. New regulatory filings show Warren Buffett's Berkshire Hathaway sold shares of Apple, while also buying about 5 million shares of UnitedHealth Group.
CNBC's Kristina Partisinevelos joins 'Squawk on the Street' to discuss the latest earnings from Applied Materials.