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

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

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

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