US Semiconductor Equipment Manufacturer Applied Materials Sees Sudden Share Price Drop
3 week ago / Read about 0 minute
Author:小编   

In the overnight US stock market, the share price of Applied Materials, a leading US semiconductor equipment manufacturer, experienced a sharp decline of over 14%, leading to a loss of over $21.2 billion (approximately RMB 152.3 billion) in market value within a single day. Analysts attribute this drop to the company's latest financial report, which showed sales and earnings forecasts falling short of investor expectations, thereby raising concerns about its future demand prospects. Consequently, shares of other US chip equipment manufacturers, KLA Corp and Lam Research, also witnessed significant declines, dropping by 8.4% and 7.3%, respectively.