Applied Materials Reports Strong Results as Chip Demand Remains Robust
Applied Materials reported better-than-expected quarterly results and said customers were building new manufacturing plants at a breakneck pace amid record semiconductor demand. Shares rose about 1% in overnight trading.
Applied Materials (AMAT) on Thursday reported better-than-expected quarterly results and said its customers were building new manufacturing plants at a breakneck pace amid record demand for semiconductors.However, shares rose only a most 1% in overnight trading, likely weighed down by market volati…