Applied Materials second-quarter forecast misses on weak chip demand

Applied Materials second-quarter forecast misses on weak chip demand

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-applied-materials-results/applied-materials-second-quarter-forecast-misses-on-weak-chip-demand-idUSKCN1Q32VG

Chip gear maker Applied Materials Inc forecast second-quarter profit and revenue below analysts' estimates on Thursday, underscoring the weakness in the semiconductor industry that has forced some companies to temper their outlook.