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Applied Materials Forecast Tops Estimates but Stock Falls After Rally

BloombergView source article

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Applied Materials forecast tops estimates but stock falls

Applied Materials delivered an estimate-beating revenue forecast for Q4 driven by AI chip demand, but shares fell after a strong rally, suggesting investor expectations had become too lofty.

Aug 13, 2026·2 sourcesCorporate earningsCompute, chips & AI infrastructureStock market reactionSemiconductor manufacturing
Applied Materials forecast tops estimates but stock falls
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Reuters

Applied Materials forecasts revenue above estimates, shares fall on high expectations | Reuters