Applied Materials has just launched a new chip manufacturing system. Should I buy AMAT shares here?

Applied Materials has just launched a new chip manufacturing system. Should I buy AMAT shares here?

Shares of Applied Materials (AMAT) are extending gains Wednesday morning after the company announced a breakthrough in transistor manufacturing. On April 8, the semiconductor equipment maker launched two new deposition systems, Precision Selective Nitride PECVD and Trillium ALD, designed specifically for 2-nanometer, “angstrom-era” logic chips. Following today’s rally, Applied Materials shares are up almost 45%…

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Applied Materials will pay 2 million for illegal exports to China

Applied Materials will pay $252 million for illegal exports to China

By Karen Freifeld and Jasper Ward WASHINGTON, Feb 11 (Reuters) – The U.S. Commerce Department on Wednesday announced a $252 million settlement with Applied Materials for illegally exporting chip-making equipment to China’s top chipmaker, Semiconductor Manufacturing International Corp. In 2023, Reuters exclusively reported that Applied Materials was under criminal investigation in the United States for…

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Wall Street on edge: Investors brace for inflation impact as markets move lightly

Wall Street on edge: Investors brace for inflation impact as markets move lightly

Wall Street’s pulse softened Wednesday as investors braced for an impending inflation report that could shake up expectations about the Federal Reserve’s interest rate policies. Scheduled for Thursday, the long-awaited release of the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation metric, is set to reveal January price movements, setting the stage…

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