Applied Materials delivers earnings above estimates, but Wall Street isn’t impressed

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Applied Materials delivers earnings above estimates, but Wall Street isn’t impressed

Applied Materials Inc. beat expectations on both earnings and revenue in its third-quarter financial results today, and followed up with strong guidance for the current quarter, but its stock fell in the wake of elevated expectations from investors. Though the company is one of the biggest beneficiaries of the artificial intelligence boom, that trend means […] The post Applied Materials delivers earnings above estimates, but Wall Street isn’t impressed appeared first on SiliconANGLE .

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