Applied Materials Q3: Steady Demand, Trade Challenges
Update: 2025-11-20
Description
Applied Materials Q3 results show steady demand for semiconductor equipment, with revenue of $6.8 billion, surpassing estimates. Despite a 3.5% year-over-year decline, adjusted earnings per share of $2.17 exceeded expectations. Trade restrictions and reduced Chinese market access impacted growth, but the company maintained market share in memory chips and advanced foundry logic. Analysts questioned demand timing and Chinese market performance; Applied Materials expects flat semiconductor systems revenue until H2, with a significant uptick driven by leading-edge technology investments. The company will monitor AIs impact on demand, trade restrictions, and new product adoption for future performance indicators.
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