BANGKOK (AP) — The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. But some are Chinese-owned businesses…
1. China races to stockpile US microchips amid Trump sanctions fears, imports surge 60% As more US tech curbs look likely in a second Trump term, China is rapidly stockpiling US microchips, with a strategic focus on CPUs, storage and signal enhancement chips. This move highlights China’s reliance on US technology and its efforts to…
Applied Materials, Inc. Quarterly revenue $7.05 billion, up 5 percent year over year Quarterly GAAP EPS $2.09 and non-GAAP EPS $2.32, down 12 percent and up 9 percent year over year, respectively Annual revenue $27.18 billion, up 2 percent year over year Annual GAAP EPS $8.61 and non-GAAP EPS $8.65, up 6 percent and 7…
As the U.S. continues to strengthen restrictions on advanced technology in China, U.S.-based chip equipment manufacturers are reportedly telling suppliers to find alternatives to Chinese-made components. Chip equipment makers, including California-based Applied Materials (AMAT) and Lam Research (LRCX), have told suppliers they worry risking their vendor status for using certain components supplied by China, the…
We recently published a list of Jefferies’ Top Crowded Semiconductor Short Positions: Top 10 Stocks. In this article, we are going to take a look at where Applied Materials, Inc. (NASDAQ:AMAT) stands against other Jefferies’ top crowded semiconductor short positions’ stocks. With the third quarter earnings season with us, the semiconductor industry continues to be…
US stocks rose on Monday with two major indexes clinching record closes as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies. The S&P 500 (^GSPC) moved up nearly 0.8% to close at a fresh record after ending above 5,800 for the first time on Friday….