Applied Materials Stock Falls. CEO Says Supply Chain Cannot Keep Up. – Barrons

Shares of Applied Materials slumped Friday after the semiconductor-equipment maker issued a weak forecast, citing the impact of “ongoing supply-chain challenges.”

Applied Materials (ticker: AMAT) said it expects sales in the first quarter of fiscal 2022 of about $6.16 billion, with adjusted earnings in the range of $1.78 to $1.92. share.


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