Applied Materials Inc. suffered the worst single-day stock decline in five years after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand.

China is pulling back on purchases of semiconductor manufacturing equipment -- and KLA sells nearly as much stuff to China as Applied does. An earnings warning from Applied Materials just spooked KLA stock investors.

Analysts wonder if China’s recent “overspending” on chip equipment is coming to a halt — and if the company is losing market share to rivals.

Shares of Applied Materials Inc (NASDAQ: AMAT) tanked despite upbeat fiscal Q3 results. BofA downgraded, Goldman Sachs reiterated buy, Needham kept buy.

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Applied Materials ( NASDAQ: AMAT) provided fourth quarter fiscal 2025 guidance that demonstrated a year-over-year revenue decline of 4.9% and an adjusted earnings per share drop of 9% during its latest financial results on Thursday.

Applied Materials' diversified portfolio, resilient growth and lower valuation give it the edge over Lam Research in the AI-driven chip boom.

U.S. stock futures edge higher as Dow leads on health-care surge, tech lags behind- U.S. stock futures were mixed early Friday, signaling a cautious but upward-tilted open for Wall Street after a week that tested investor nerves with hotter-than-expected inflation data and a flurry of corporate earnings surprises.