Applied Materials Limits Further BESI Investment Plans
Applied Materials says it does not intend to increase its investment in BESI or seek board representation.
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Applied Materials says it does not intend to increase its investment in BESI or seek board representation.
Applied Materials plans to increase its investment in BESI.
Applied Materials says it will increase its strategic investment in BE Semiconductor Industries.
The company said second-quarter revenue rose 30.1% year over year to 1.39 billion RMB, while net income increased 35.6% to 413.2 million RMB. Yuanbao also said cash reserves totaled 5.16 billion RMB and it had repurchased about 114,000 ADS for US$1.6 million as of Aug. 31, 2026.