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via finance.yahoo.comTech & AI

Applied Materials shares fall 2.58% despite 53% revenue jump and upbeat outlook

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Applied Materials (NASDAQ:AMAT) shares fell 2.58% to $371.11 as of 9:53 a.m. ET in Friday's regular session on November 13, even after the chip-equipment maker posted record fiscal fourth-quarter revenue of $10.41 billion, up 53% from a…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA leading chip-equipment maker posting record results and upbeat guidance can move the semiconductor sector.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Applied Materials, Inc.AMATStock362.52 USD-0.11%today -4.84%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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