Insight Tribune

Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall

Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall




Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display revenue due to sales headwinds in China.

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