US equity indexes were higher on Wednesday after core producer price inflation grew less than foreca
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Marvell Technology on Thursday named Adobe's Dan Durn as chief financial officer, succeeding Willem Meintjes, who is stepping down after more than three years in the role. Durn will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through April 2027 to support the transition. The appointment comes as Marvell looks to benefit from a surge in spending on AI-related data center infrastructure, which has boosted demand for advanced networking and custom chip technologies.
Investing.com -- Barclays lifted its wafer fabrication equipment estimates and raised price targets on Applied Materials, KLA Corporation, and Lam Research in a note on Monday.
Wall Street looked set to see chipmakers continue their rebound on Tuesday, with investors continuing to pick through the wreckage of last week's tech sell-off ahead of key US inflation data. Futures pointed higher across the board, with contracts on the Nasdaq 100 up 0.9%, S&P 500...
The artificial intelligence buildout has already sent semiconductor demand sharply higher, and Wall Street is now looking deeper into the supply chain for the next group of companies that could benefit from the spending cycle. Morgan Stanley is making a notable shift inside semiconductor capital ...
Tucked inside SpaceX’s pre-IPO S-1 filing are two project names most investors have never heard. Macrohard is an agentic AI software platform, and Terafab is a vertically integrated chip fabrication initiative. Tesla is the partner on both. SpaceX disclosed that financial terms, intellectual property rights, and the ultimate term of the collaboration are not yet ... Macrohard and Terafab: The Tesla and SpaceX Joint Ventures Wall Street Hasn’t Priced In
Lam Research has opened a research lab in Salzburg, Austria, to advance a chip packaging technology that promises to increase chip density and cut costs, as the company looks to capitalize on surging AI demand for processors. The U.S. chipmaking tools supplier said on Wednesday that the Salzburg facility will focus on panel-level packaging, which replaces the semiconductor industry's traditional circular silicon wafers with square panels. Square panels can eliminate the dead space, allowing chipmakers to produce more chips per surface at a lower cost per unit — a crucial advantage as AI drives chip shortages.
FTSE 100 up 12 points at 10,343 UK inflation eases to 2.8% in April M&S, British Land, Experian, Severn Trent report results 12.59pm: Grocery analyst not a fan of Treasury food plan On the stories that the Treasury is asking major UK supermarkets to limit prices on some basic...
US stocks have been predicted to start Monday trading in the red, as they ended last week, with investors continuing to worry about rising bond yields, stubborn inflation and the economic fallout from higher oil prices. Dow Jones futures were down around 262 points or 0.4%, while S&P 500...
June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.
Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) will be reporting earnings this Thursday after market hours. Here’s what you need to know.
Gary Dickerson: Thank you, Mike. In our second fiscal quarter, Applied Materials delivered record revenue and earnings, along with our highest gross margin in more than 25 years. With rising demand and increasing long-term visibility from customers, we see an exceptionally strong foundation for sustained multiyear revenue and profit growth.
Applied Materials Inc (AMAT) reports robust financial performance with record revenue and earnings, driven by strong demand and strategic capacity expansions.
Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward areas where the company holds leading positions. President and CEO G
Applied Materials expects stronger sales for its semiconductor equipment business this year than it previously forecast as demand for artificial intelligence computing continues to surge.
Find insight on Applied Materials, Versant Media, Anthropic and more in the latest Market Talks covering Technology, Media and Telecom.
Applied Materials on Thursday forecast third-quarter revenue above Wall Street estimates, betting that heavy spending on data centers and AI infrastructure would sustain strong demand for its chip-making tools. The company expects revenue of about $8.95 billion, plus or minus $500 million, for the current quarter, compared with estimates of $8.09 billion, according to data compiled by LSEG.
Applied Materials, Inc. will release earnings for its second quarter after the closing bell on Thursday, May 14. Analysts expect the company to report quarterly earnings of $2.68 per share, up from $2.39 per share in the year-ago period. The...
Applied Materials reports earnings Thursday as investors look for signs that AI-driven chip spending can outweigh slowing sales growth in China.
Applied Materials Stock in Focus Ahead of Key AI-Driven Earnings Test
If you've ever wondered who makes the machines that build the chips powering artificial intelligence (AI), Applied Materials (AMAT) is a good place to start your education. It doesn't make chips. But it manufactures the equipment that enables chipmaking, and right now, the world can't get enough of ...
Applied Materials, Inc. (NASDAQ:AMAT) will release earnings for its second quarter after the closing bell on Thursday, May 14. Analysts expect the company to report quarterly earnings of $2.68 per share, up from $2.39 per share in the year-ago period. The consensus estimate for Applied Materials' quarterly revenue is $7.69 billion (it reported $7.1 billion last year), according to Benzinga Pro. Ahead of quarterly earnings, Citigroup analyst Atif Malik, on Tuesday, maintained a Buy rating on Appl
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.87%. June E-mini S&P futures (ESM26 ) fell -0.16%, and June E-mini Nasdaq futures...
Applied Materials is set to report earnings Thursday afternoon, with the chip equipment manufacturer's stock seen potentially reaching new highs following the report.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...