Applied Materials earnings reveal AI chip demand

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Applied Materials Noticias

Madison Mills

Shares of Applied Materials (AMAT) are largely flat on Friday morning after the company posted its second quarter earnings on Thursday, revealing revenue of ...

) are largely flat on Friday morning after the company posted its second quarter earnings on Thursday, revealing revenue of $6.65 billion. The stock has gained over 32% year to date, highlighting the demand for AI chips.Shares are essentially flat this morning, but we're bringing this up because we're getting data out the latest earnings report here and pointing to some larger trends that we wanna highlight and what this exactly tells us about the chip industry.

Remember that this is a stock, if you actually take a look at a longer term chart of applied materials, this is a stock that is actually risen about 30% this year. But it does give us a good sense of demand in some crucial parts of of the electronic supply chain here. Again, those sales in the third quarter could remain flat, essentially given what we already know from them.But interesting to see whether or not that is going to be able to normalize a little bit, particularly as the situation in China potentially normalizes after that government intervention there.Looking for dividends? I wouldn't count on Enbridge stock forever. But there's another that's been a proven winner.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

What Applied Materials' Q2 earnings mean for chip industryApplied Materials (AMAT) posted second quarter earnings per share of $2.09, coming in $0.10 above estimates, as well as revenue of $6.65 billion, topping the...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks slip, Applied Materials earnings: Market Domination OvertimeThe Dow Jones Industrial (^DJI) briefly touched over 40,000 for the first time in history, though it did end the day lower. Applied Materials (AMAT) posted...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »