APPLIED MATERIALS' SHARES DROP AS STRINGENT US EXPORT CURBS WEIGH ON CHINA BUSINESS
https://media.zenfs.com/en/reuters-finance.com/3653718b9a23ed3d37896fc6af346b0b
✍️ Applied Materials' shares fell 6% after forecasting reduced spending in China due to US export curbs, despite expecting stronger revenue in the second half of 2026.
👉 Applied Materials' shares fell 6% in early trading 👉 The company forecasted reduced spending in China next year due to US export curbs 👉 Despite this, analysts expect stronger revenue in the second half of 2026 👉 The company's share of China sales has fallen to the mid-20% range from nearly 40% of revenue in recent years
-- #SiddarthS #KanchanaChakravarty #GaryDickerson #DonaldTrump #XiJinping #China #Bengaluru #US #business
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