RADNOR, Pa., Aug. 14, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Applied Materials, Inc. (NASDAQ: AMAT) (“Applied Materials”). On November 16, 2023, Reuters reported that Applied Materials was under criminal investigation by the U.S. Justice Department for potentially evading export restrictions on China’s top chipmaker, SMIC. On this news, Applied Material ...

RADNOR, Pa., Aug. 14, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Applied Materials, Inc. (NASDAQ: AMAT) ("Applied Materials").On November 16, 2023, Reuters reported that Applied Materials was under criminal investigation by the U.S. Justice Department for potentially evading export restrictions on China's top chipmaker, SMIC.  On this news, Applied Materials' s ...

Applied Materials (AMAT) is scheduled to report third-quarter fiscal 2024 results on Aug 15.For the fiscal third quarter, AMAT expects net sales of $6.65 billion (+/-$400 million). The Zacks Consensus Estimate for revenues is pegged at $6.67 billion, suggesting a rise of 3.8% from the year-ago quarter’s reading.Applied Materials projects non-GAAP earnings of $1.83-$2.19 per share. The Zacks Consensus Estimate for earnings is pinned at $2.01 per share, indicating growth of 5.8% from the year-ago quarter’s re ...

Analysts on Wall Street project that Applied Materials (AMAT) will announce quarterly earnings of $2.01 per share in its forthcoming report, representing an increase of 5.8% year over year. Revenues are projected to reach $6.67 billion, increasing 3.8% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a com ...

  Analyst Estimates for Q3 2024 Q2 2024 Q3 2023Revenue $6.69 billion $6.65 billion $6.43 billionDiluted Earnings Per Share $2 $2.06 $1.85Net Income $1.67 billion $1.72 billion $1.56 billion Key Metrics: China Sales Applied Materials will report how much of its sales came from the China market, which could provide investors greater insight into how geopolitical tensions and potentially tighter curbs on exports to China could affect the company. Analysts anticipate revenue for the China region will be $2.3 ...

The semiconductor industry that suffered in 2023 is making a steady recovery this year. The Semiconductor Industry Association (SIA) said on Aug 5 that global semiconductor sales totaled $50.0 billion, up 1.7% month over month from May’s total of $49.1 billion.Semiconductor Sales Rebound on Higher DemandThe report also mentioned that sales totaled $149.9 billion in the second quarter, reflecting an 18.3% year-over-year jump and a 6.5% rise from the first quarter.Regionally, year-over-year semiconductor sale ...

SANTA CLARA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its third quarter of fiscal 2024 financial results on Thursday, Aug. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering ...

SANTA CLARA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its third quarter of fiscal 2024 financial results on Thursday, Aug. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering ...

Applied Materials’ (AMAT) shares have gained 21.4% in the year-to-date period, outperforming the industry, the Zacks Computer & Technology sector and the S&P 500 index’s returns of 18.1%, 18.2% and 14.7%, respectively.Given the fact that artificial intelligence (AI) has become mainstream in several industries and sectors, the company’s strategic pivot toward the technology has been a major positive. As businesses of different sizes are rushing to boost their operational efficiency with the power of AI, AMAT ...

Applied Materials (AMAT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of chipmaking equipment have returned -18.3%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Semiconductor Equipment - Wafer Fabrication industry, which Applied Materials falls in, has lost 16.7%. The key question now is: What could b ...